|
|
| |
 |
Latest News
Check back often for news on the Gulf LNG Clean Energy project and related liquefied natural gas information. |
|
Technip Awarded Contract for Mississippi LNG Import Terminal
April 25, 2005
FOR IMMEDIATE RELEASE
Contact: Joseph W. Peacock
Phone: (866) 485-3564
E-mail: jpeacock@gulflngenergy.com
Technip Awarded Contract for Mississippi LNG Import Terminal
Houston, Texas, April 25, 2005, Gulf LNG Energy, LLC (Gulf LNG Energy) has awarded Technip (NYSE: TKP) a contract for front end engineering and development (FEED) of a new liquefied natural gas (LNG) import terminal to be built in the Port of Pascagoula, MS (the Project). The total construction cost of the Project is currently estimated to be over $450 MM. The Project will be sited on land controlled by the Jackson County Port Authority and Jackson County and will be owned and operated by Gulf LNG Energy. The site is adjacent to the Bayou Casotte ship channel (east harbor) and is bordered by more than 200 acres of dredge material on one side and the wide-open Mississippi Sound on the other.
"It's probably the best site on the Gulf Coast," said John McCutchen, Chief Operating Officer of Gulf LNG Energy. "We're a long way from the next industrial user and the closest resident is almost two miles away." Mr. McCutchen has over 25 years of experience in the LNG and Natural Gas industry with Southern Natural Gas (subsequently El Paso Energy), where his past positions included that of Plant Manager at the Elba Island facility.
On December 16, 2004, the Federal Energy Regulatory Commission's Office of Energy Projects authorized Gulf LNG Energy to use the Commission's National Environmental Policy Act pre-filing process in conjunction with its preparation of applications for authorization under the Natural Gas Act (NGA) to construct, own and operate the Project, which has been assigned docket number PF 05-5-00. Gulf LNG Energy anticipates starting construction in 2006 with completion scheduled for mid-2009.
Technip's work scope for the FEED includes process development, plot plans, equipment specifications, and additional engineering data required for permits filing support for the terminal. Project units include a new marine dock capable of handling 250,000 m3 LNG tankers, the unloading system, 2 full containment storage tanks each with 160,000 m3 capacity and the sendout system capable of a daily rate of 1.5 BCF. The Project is being managed through the Technip USA office in Houston.
"We are pleased that Gulf LNG Energy, LLC has awarded Technip this first phase work," said Larry Pope, Technip USA President and CEO. "This terminal, along with another LNG terminal under full EPC phase at Freeport, Texas by a Technip-led joint venture for Freeport LNG, are a testament of our customers' confidence in our experience and ability to engineer and deliver these critical projects in the US."
Technip is one of the world's leading EPC companies, specializing in lumpsum turnkey projects for customers in the hydrocarbon processing, petrochemicals, chemicals, and manufacturing industries both onshore and offshore. With revenues in excess of $6 billion and more than 18,000 employees throughout the world at over 60 offices, Technip capitalizes on its global expertise and local knowledge to safely and reliably deliver projects anywhere. Information about Technip is available at www.technip.com.
News Home
More News Stories
Search News
More News
|
|
|
|
