LNG
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NEWS HIGHLIGHTS
USA
Sempra Energy and Woodside sign Port Arthur LNG
project agreement
S
empra Energy has announced that its Sempra LNG &
Midstream unit has entered into a Project Development
Agreement with a subsidiary of Woodside Petroleum Ltd to
advance the development of the proposed Port Arthur LNG
natural gas liquefaction facility in Port Arthur, Texas, US.
The new agreement expands on the Memorandum
of Understanding (MoU) previously signed by the parties
in June 2015 and provides a framework regarding how
Sempra LNG & Midstream and Woodside will contribute
their experience and share the costs related to the
development, technical design, permitting and commercial
development of the liquefaction project.
The proposed Port Arthur LNG liquefaction project,
located at a site previously permitted for an LNG
regasification terminal along the Sabine-Neches Ship
Channel, would initially be designed to include two natural
gas liquefaction trains with a total export capability of
approximately 10 million tpy.
Octávio M. C. Simões, President of Sempra LNG &
Midstream, said: “We are confident that, together, we can
develop a facility that will meet the highest standards of
LNG supply for the global market.”
Panama
POSCO awarded LNG terminal construction
contract
P
OSCO E&C has announced that it recently
executed a US$650 million EPC turn-key contract
with Gas Natural Atlantico S. de R.L and Costa Norte
LNG Terminal S. R.L (a subsidiary of AES Panama)
for a combined cycle power plant and LNG terminal
in Panama. The power plant will have a generating
capacity of 380 MW and will be capable of supplying
approximately 15 million households. Meanwhile, the
LNG terminal will have a capacity of 180 000 m
3
. The
project will be located in Colon Province, which is 60 km
from Panama City.
Mr Kun Soo Oh, the Senior Executive Vice President
of POSCO E&C, said: “POSCO E&C was consecutively
awarded two projects since December 2015 (by AES),
in the Philippines and Chile. These awards have helped
POSCO E&C to increase its competitiveness in overseas
power plant markets.”
POSCO E&C became the first Korean construction
company to construct a power plant in Latin America in
2006, when it built the AES Ventanas coal-fired plant in
Chile, as well as the Campiche and Angamos projects in
2007.
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