Excelerate: Northeast Gateway Terminal Ramps Up LNG Exports
- Business & Finance
Excelerate Energy’s Northeast Gateway Deepwater Terminal located offshore Boston reached a peak send-out flow rate of over 800,000 MMBTU per day of natural gas on February 1, 2019 — a first for the terminal.
As informed, the operation was completed by two of Excelerate’s floating storage regasification units (FSRUs), Exemplar and Express, discharging in parallel through Excelerate’s proprietary offshore buoys.
The demand for natural gas is said to rise in New England during extreme cold weather. Historically, during these times, as natural gas deliverability becomes constrained, power generators have been forced to burn dirtier fuels such as oil.
This year, liquefied natural gas (LNG) imports from Northeast Gateway facility have complimented the system by providing a stable supply of clean energy during this peak demand, allowing generators to continue burning natural gas, Excelerate said.
The terminal is designed to respond to local market conditions in real-time and can ramp up service to ensure energy providers meet customer demand. At a flow rate of 800,000 MMBTU per day, this represents approximately the average gas demand of power generators during recent January – February periods.
“Excelerate’s Northeast Gateway has helped New England prepare for the winter months by supplying natural gas to meet the increased energy demand of the region,” Steven Kobos, Excelerate’s Managing Director, said.
“Deliveries of LNG directly into the Algonquin system helps to bring much-needed market stability and fuel security to the Northeast,” Kobos added.
Located 13 miles offshore Boston, Excelerate commissioned Northeast Gateway in 2008. The terminal consists of a dual submerged turret-loading buoy system which allows for the connection of FSRUs that have been specifically designed to meet the challenging conditions of the North Atlantic.
FSRUs act, in all aspects, similar to a land-based terminal and have the onboard capability to vaporize LNG and deliver natural gas directly into the existing subsea HubLine pipeline operated by Enbridge’s Algonquin Gas Transmission.