Floridian cleared to scale down LNG storage project

The Federal Energy Regulatory Commission issued an order granting Floridian Natural Gas Storage Company’s request to modify the phase 1 facilities at its proposed LNG storage facility near Indiantown in Martin County, Florida.

According to the filing, instead of the 4-bcf full containment tank authorized previously Floridian proposes to construct a 1-bcf single containment tank with bottom withdrawal and external LNG pumps.

The company also plans to reduce the phase 1 vaporization or sendout capacity from 400 MMcf per day to 100 MMcf per day.

Floridian said it has filed the request to scale back phase 1 of its project due to a changed natural gas market. The company also states that its proposal will result in a shorter construction period.

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LNG World News Staff; Image: Floridian Natural Gas Storage Company