Philadelphia Gas Works requests review of P3 LNG project
Philadelphia Gas Works submitted details of its proposed public-private partnership (P3) project with Passyunk Energy Center to the Philadelphia Gas Commission for review.
The project, if approved, will facilitate the marketing and sale of liquefied natural gas (LNG) to regional customers by PEC.
As proposed, PEC will build new liquefaction and truck loading facilities and will market and sell LNG, while PGW will operate the LNG facilities and sell related services to PEC.
The new facilities will occupy a limited footprint entirely within PGW’s existing Passyunk Plant.
PGW’s Passyunk Plant, located in South Philadelphia, has had an LNG facility on site since 1979, and currently operates as a natural gas distribution, liquefied natural gas storage and vaporization facility.