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EXELON GENERATION PLANS LNG EXPORT TERMINAL IN TEXAS

Author:SIANJIA FLOW CONTROL PublicTime:2015-03-23 Views:1685

Houston-based Annova LNG filed a request with the Federal Energy Regulatory Commission to initiate a review of the potential development of a mid-scale natural gas liquefaction and transfer facility at the Port of Brownsville, Texas. 

“Exploring LNG exports is a natural evolution of Exelon’s diversification strategy", Exelon Generation President and CEO Ken Cornew said. “The U.S. offers some of the most competitive supplies of natural gas in the world, and this project provides Exelon an opportunity to continue the growth of our wholesale gas businesses.”

The project is contingent upon Annova successfully obtaining all necessary local, state and federal permits; acquisition of sufficient long-term customer commitments to buy liquefied natural gas from the facility; and broad public support of the project in South Texas. A decision whether to build the facility is expected by the end of 2017. If built, the LNG terminal would sit beside the Brownsville Ship Channel on 650 acres designated by the Port of Brownsville for industrial use. The proposed site is about eight miles from the Gulf of Mexico in Cameron County, Texas. The facility would be operational by 2020. The proposed site could accommodate three stages of development, with each capable of producing two million tons of LNG a year for at least six million tons annually when complete.