Suez Energy Pursues LNG Port
On March 1, the company filed a deepwater port license application with the U.S. Coast Guard, which has jurisdiction for the permitting, operation, and security for such facilities located in federal waters. The Calypso Deepwater Port is proposed to be located approximately 10 miles offshore from Port Everglades and will comprise a marine offloading buoy and anchoring system that will reside approximately 150 feet below the ocean surface when not in use.
The proposed facility will connect to an undersea pipeline
operated by another SENA subsidiary, Calypso U.S. Pipeline, that will
transport natural gas from the Deepwater Port to customers in Florida.
A similar project was proposed by an affiliate company of Calypso, Neptune
LNG, which filed a license application with the Coast Guard for a
Deepwater Port on February 15, 2005. That project will be located off the
coast of Massachusetts to serve Boston and the greater New England market.
Development of this offshore installation is within schedule and is targeted
to be up and running in 2009.
The Calypso project is proposing to replicate many of the Neptune
project's specifications in order to accelerate its licensing process and
create operational synergies.
"The overwhelming feedback we have received from
Florida customers is that they need additional, LNG-based gas supplies and
they need them as soon as possible," said Zin Smati, president and CEO of SENA. "It is our intention to meet our customers'
needs and be the first supplier of natural gas directly into the southeastern
Florida market derived from LNG. We believe our Calypso project is consistent with Governor Bush's call for
fuel diversification as outlined in his comprehensive 2006 Florida Energy
Act."
Suez is currently the only major energy company that owns and operates LNG
facilities on each side of the Atlantic Ocean--at Everett, Massachusetts,
serving the New England market, and at Zeebrugge, Belgium, serving the central
European market. An affiliate of Suez Energy International is also engaged in
a longer-term LNG terminal development project located in Freeport Harbor on
Grand Bahama Island.
"The Florida market is very important to us," said Dirk Beeuwsaert, CEO of Suez Energy International. "As our LNG supply and shipping portfolios continue to grow, the Calypso project will increase our already significant position in the Atlantic Basin and give us the critical mass to serve all of our markets with a level of reliability that will be unmatched in the industry."
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- UK Oil Regulator Publishes New Emissions Reduction Plan
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- PetroChina Posts Higher Annual Profit on Higher Production
- McDermott Settles Reficar Dispute
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- USA Commercial Crude Oil Inventories Increase
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- UK Grid Operator Receives Aid to Advance Rural Decarbonization
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call