Altamira LNG terminal begins commercial ops - Mexico
Published: Monday, October 16, 2006 10:23 (GMT -0400)
bnamericas.com
The Altamira LNG re-gasification terminal in Mexico has started commercial operations, a spokesperson from Anglo-Dutch oil major Shell (NYSE: RDS-B) told BNamericas.
Shell controls 50% of the terminal, while France's Total (NYSE: TOT) and Japan's Mitsui each hold 25%. Shell and Total hold 75% and 25% respectively of the terminal's capacity rights.
The terminal received the country's first LNG shipment in August, marking the start of the project's commissioning phase. The terminal, near Tampico in Tamaulipas state, received 138,000m3 from Shell.
The terminal will supply natural gas exclusively to Mexico's state power company CFE, which will determine supply volume and frequency, the spokesperson said.
CFE awarded the terminal a contract to supply 5.2Bm3/y of natural gas, the spokesperson added. Additional details were not provided.
By David Casallas
Business News Americas |
