Mexico's Altamira LNG terminal starts up

Oct. 26, 2006
The Altamira LNG regasification terminal near Tampico, Mexico, began commercial operations late last month, reports Total SA, a 25% stakeholder in the two companies involved in the project.

By OGJ editors
HOUSTON, Oct. 26 -- The Altamira LNG regasification terminal near Tampico, Mexico, began commercial operations late last month, reports Total SA, a 25% stakeholder in the two companies involved in the project.

Terminal de LNG de Altamira, which owns and operates the terminal, is a joint venture of Shell 50%, Mitsui 25%, and Total 25% (OGJ Online, Aug. 28, 2006, Newsletter).

Gas del Litoral, the marketing arm for the project owned 75% by Shell and 25% by Total, has signed a 15-year contract with Mexican electric utility Comisión Federal de Electricidad to supply 5 billion cu m/year of gas from the terminal.