In The Pipeline: The World's Top 10 Upcoming LNG Terminal Projects
Add bookmarkLiquefied Natural Gas (LNG) is fast becoming the low carbon alternative fuel of choice for domestic, marine and automotive consumption.
In this Oil & Gas Top 10 summary, Asdza Nadleehe looks at the world's 5 largest future import and export terminal projects.
Shtokman LNG
Perched on the Barents Sea shelf, about 600 kilometres northeast of the city of Murmansk, Russia, the Shtokman LNG terminal will become a base for stockpiling Russian gas for delivery both by pipeline and in the form of LNG. Reserve estimations put the Shtokman field itself at 3.9 trillion cubic metres of gas.
Developers: Gazprom/Statoil/Total
Estimated start up date: 2017
Storage tanks: 2
Capacity: 15.0 MPTA
Lake Charles Louisiana
Located at the mouth of the Louisiana’s Calcasieu River, the proposed expansion of this facility will make it only the third terminal in the continental United States to be equipped for both import and export of LNG. Natural gas will be delivered from Lake Charles to the eastern and south-eastern US markets via the 304 kilometre-long Elba Express pipeline.
Developer : BG Group/ETE
Estimated start up date: 2016
Storage tanks: 3
Capacity: 15.0 MPTA
Yamal LNG Siberia
Based on the Yuzhno-Tambeyskoye deposit, where proven reserves stand at 1.26 trillion cubic metres of gas and 51.6 million tonnes of gas condensate, the Yamal LNG terminal will have a processing capacity of 15.5 million tonnes a year and up to 1 million tonnes of condensate .
Developers: Novatek/Gazprom/Total
Estimated start up date: 2016
Storage tanks: 3
Capacity: 16.5 MPTA
Gorgon LNG
The largest single resource project in Australia, the Greater Gorgon gas fields located 130 kilometres off the Western Australian coast, represent around 25 per cent of Australia’s known gas resources. The LNG terminal built to handle the gas produced in these fields will be able to process 20 million tonnes per annum of LNG.
Developers: Chevron/Shell/ExxonMobil
Estimated start up date: 2014
Storage tanks: 4
Capacity: 20 MPTA
Olokola LNG
Located in the Olokola Free Trade Zone east of Lagos between the Nigerian states of Ogun and Ondo, the four train Olokola project is the result of the merger of two competing terminal construction projects. Costing $9.8 billion so far, the terminal will provide LNG for domestic and international use.
Developers: NNPC/Chevron/Shell/BG Group
Estimated start up date: 2016+
Storage tanks: 4
Capacity: 20 MPTA