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Pangea/Statoil – South Texas LNG Export Facility – Texas - Project Profile

Pangea/Statoil – South Texas LNG Export Facility – Texas - Project Profile

Synopsis

"Pangea/Statoil – South Texas LNG Export Facility – Texas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Pangea/Statoil – South Texas LNG Export Facility – Texas - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Pangea LNG (North America) Holdings LLC (Pangea) and Statoil North America Inc. (Statoil) are planning to construct the South Texas LNG Export Facility project in Texas, the US.

The project involves the construction of an 8 million tonnes per annum (MTPA) liquefied natural gas (LNG) export facility on a 222.57ha of land. The facility will be based on floating liquefaction technology.

The export facility will be developed in two phases with each phase will be capable of producing 4MTPA LNG with storing capacity of 250,000 cubic meters and it is also capable of processing 398.5 billion cubic feet per annum or 1.09 billion cubic feet per day of LNG.

The project includes the construction of a natural gas treatment plant, liquefaction and gas processing units, storage tanks, vacuum chambers and distillation units, the installation of compressor units and the laying of pipelines.

The project will have an associated pipeline to connect the LNG liquefaction facility to the extensive natural gas pipeline network in South Texas.

Statoil has signed a memorandum of understanding (MoU) with Pangea for purchasing 50% of the produced natural gas.

On January 18, 2013, Pangea initiated the process of seeking approvals from the US Department of Energy (DoE) to build the LNG export facility.

Pangea has filed an application with DoE seeking authority to export up to 8MTPA of LNG to all current and future countries with which the US has a Free Trade Agreement (FTA) and intends to quickly file a similar application for LNG exports to any country with which the US does not have an FTA in effect.

On January 30, 2013, DoE has granted long-term, multi-contract authorization to export LNG to FTA nations from domestic gas fields for a 25-year term commencing on the date of its first export. That amount is equal to 1.09Bcf/day of natural gas.

The project engineering feasibility studies have been undertaken by Chicago Bridge & Iron Company (CB&I) (for vessel and floating liquefaction facility), Hatch Mott MacDonald (for pipeline) and Moffatt and Nichol Engineers (for marine infrastructure).

Pangea and Statoil are in the process of obtaining approvals to export LNG to non-free trade agreements (FTA) nations from Federal Energy Regulatory Commission (FERC).

Pangea and Statoil is waiting for final investment decision (FID) and are in the process of obtaining necessary approvals. Construction activities are expected to be completed by 2022.Scope

The project involves the construction of a LNG export facility with a capacity of 8MTPA on a 222.57ha of land in Ingleside, Texas, the US.

The US$5,000 million project includes the following:

1. Construction of a natural gas treatment facility

2. Construction of a liquefaction facility

3. Construction of vacuum chambers

4. Construction of distillation units

5. Construction of storage tanks

6. Construction of other related infrastructure

7. Installation of compressor units

8. Laying of pipelinesReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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