PCJ Wrapping Up Floating LNG Terminal Pre-qualification

State-run Petroleum Corporation of Jamaica (PCJ) in the next couple of weeks expects to complete the prequalification phase to provide a floating LNG terminal, a project official from PCJ told BNamericas.

Nine companies in May submitted prequalification documents for the project, which entails a reception, storage and regasification terminal for the Port Esquivel area on Jamaica's southern coast.

The companies are: Bergesen Worldwide Gas; Exmar Marine; Golar LNG; Hoegh LNG, MISC/Modec; Mitsui OSK Lines; Samsung/KOGAS; Suez Global LNG; and Teekay Shipping, the official said.

Initial LNG throughput is expected to be 1.2Mt/y, which would be split between Jamaica's alumina industry and the power generation sector. There is current market potential of 2.5Mt/y.

The terminal is part of the government's energy diversification strategy that aims to introduce natural gas as an alternative to oil. The aim is to receive first gas in 2009.

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