Neptune LNG project gets deepwater port license

By OGJ editors
HOUSTON, Mar. 29 -- Neptune LNG LLC, a subsidiary of SUEZ Energy North America Inc., has received a deepwater port license from the US Maritime Administration for its Neptune offshore LNG facility in Massachusetts Bay.

Demand for natural gas in New England is expected to increase by 1-2%/year over the next 2 decades, with Massachusetts alone accounting for half of the region's gas consumption. At this rate of growth, without new capacity, the region could face a shortage of gas approaching 14.1 million cu m/day in 2010.

The Neptune project is expected to provide 11.3-21.2 million cu m/day of gas, enough to serve 1.5-3 million homes/day in the Massachusetts and New England area, Suez said.

Neptune LNG estimates that the facility will be fully operational by 2009. Also at that time, the company anticipates completing construction of a lateral pipeline connection to HubLine.

Suez has received firm commitment from Hoegh LNG AS, Mitsui OSK Lines Ltd., and Samsung Heavy Industries that two specially designed LNG regasification vessels will be delivered by the project's targeted start-up date.

Related Articles

BG Group: Mzia DST supports potential hub development offshore Tanzania

08/27/2014 Results from the second drillstem test (DST) on the Mzia discovery on Block 1 offshore southern Tanzania indicated further support for a hub develo...

Canadian firms plan BC gas plant, target LNG export

08/19/2014 AltaGas Ltd. and Painted Pony Petroleum Ltd., both of Calgary, have agreed to develop processing and marketing of natural gas and NGLs for Painted ...

EIA: China to increase natural gas consumption, investment

08/18/2014 China more than tripled natural gas production since 2003, producing 3.8 tcf in 2012, and the government is targeting production to reach about 5.5...

DOE finalizes LNG export national interest review reforms

08/15/2014 The US Department of Energy finalized reforms it proposed on May 29 to its process for determining whether planned LNG export projects are in the n...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected