Gulf LNG’s Potential USD 8 Bln Expansion at Pascagoula
Gulf LNG Liquefaction Co. (GLLC) has been given a go-ahead from the Federal Energy Regulatory Commission to commence its pre-filing review process which will allow them to add liquefaction and export capabilities to the $1 billion liquefied natural gas storage terminal in Pascagoula.
GLLC and Gulf LNG Energy, the terminal owners, are wholly-owned subsidiaries of Gulf LNG Holdings Group, which is owned by Southern Gulf LNG Co. (50%), a wholly-owned subsidiary of Kinder Morgan.
Kinder Morgan is also waiting for a permission from the U.S. Department of Energy to export liquefied natural gas to non-free trade agreement countries, according to Gulflive.com.
“If Kinder Morgan receives permission to export LNG to non-free trade agreement countries and the project is approved, it could bring an $8 billion investment to the Pascagoula facility,” said Richard Wheatley, a spokesman for Kinder Morgan.
GLLC is planning to install natural gas processing, liquefaction and export facilities at the existing terminal, with the upgraded facility having a total capacity of up to 10 million tons per annum upon the two-phased project completion.
LNG World News Staff, May 23, 2014; Image: Kinder Morgan