North American LNG terminal status report.
Here is the latest information that I could find on
the construction status of LNG terminals that will
impact the N.A. gas market.
FERC's Map of Existing and Proposed North American LNG Terminals
updated Jan 12, 2005
ferc.gov
Seven new Terminals approved by FERC, two by MARAD, two by Canada
two by Mexico.
Of the seven approved by FERC, two are expansions of existing
operating terminals at Lake Charles and Elba Island. Two are
approvals of pipelines from proposed LNG terminals in The Bahamas
and the Bahamas' government has yet to approve either although
a recent newspaper article hints at approval soon for the AES
project. However, the enviromental review was completed and
forwarded to the Cabinet over a year ago and still no decision.
Of the remaining three FERC approved projects, two have received final
Authority To Construct and have finalized EPC contracts,
Sempra's Cameron LNG ( Hackberry ) and Freeport LNG.
Cheniere's Sabine project has FERC approval but needs to have their
implementation plan approved and all local permits in place
before they get the final Authority To Construct. An EPC contract
has been announced for Sabine but not finalized as the A.T.C. is not in
hand and the financing has not been finalized. Some preliminary
site work was been done at Cameron but the major construction work at
the site will wait for Sempra LNG to finalize supply arrangements
for the facility according to a recent company press release.
public.sempra.com
Sempra Cameron LNG reported no construction activity in the month of December.
see: elibrary.ferc.gov
Freeport LNG just got the A.T.C. this week so it is too soon to report
on any construction progress there. See: elibrary.ferc.gov
Of the two MARAD approved projects, construction of Excelerate Energy's
Gulf Gateway Energy Bridge ( originaly El Paso's ) is nearly completed.
The facility will be ready in February and the first shipment in March
according to recent company statements. For ChevronTexaco's Port Pelican,
the License was issued on January 20, 2004, but A NEPA environmental assessment
(EA) is still being prepared for the onshore fabrication site of the
gravity-based terminal.
Of the other projects under MARAD review, the Final EIS was published for
Shell's Gulf Landing on December 3rd, 2004 A decision to approve or deny
must by law be made with in 90 days of the final public hearing which was
on Nov. 18, 2004. So it must be approved or denied by February 17th. I think its too late to
Suspend the Regulatory Clock on this one. The Regulatory Clock has been
stopped on all other projects, since September 3rd, 2004 on Freeport MacMoran's
Main Pass Energy Hub, since September 15, 2004 on ExxonMobil's Pearl Crossing,
since August 20th, 2004 on ConocoPhillips' Compass Port, and most recently
on January 5th, for the second time, on BHP Billington's Cabrillo Port.
Of the two Canadian approved terminals.
Irving Oil's Canaport in St. John, New Brunswick and
Anadarko's Bear's Head in Nova Scotia, No EPC contract
awards have been announced.
A Ground-breaking ceremony
for Bear's Head was held October 28, 2004. see:
anadarko.com
but according to this article they still needed some more permits
petroleumnews.com
Anadarko will hold information session next week see
herald.ns.ca
Of the two Mexican approved terminals, Altmira is under construction
and and is expected to start operations in the fourth quarter of 2006.
the equity interests in the LNG terminal will be Shell 50%, Mitsui 25% and Total 25%.
See: japancorp.net
The EPCC contract was awarded 12/18/2003 See:
shell-usgp.com
The other approved terminal, Sempa and Shell's Energia Costa Azul terminal
the EPC contract has been awarded, construction of a road to the site has already started
with facility work to begin soon. See:
petroleumnews.com
A third mexican project, ChevronTexaco's GNL Mar Adentro de Baja California has
all the Mexican federal approvals but
still needs numerous Tijuana and Baja California government permits.
Of all the New terminal projects listed only Excelerate Energy's
Gulf Gateway Energy Bridge and Terminal de LNG de Altamira S de RL de CV in
Mexico have made any real construction progress. |
