LNG 0.00% 4.3¢ liquefied natural gas limited

"The "Shovel Ready" advantage is gone. The "Not If, but When"...

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  1. 5,659 Posts.
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    "The "Shovel Ready" advantage is gone. The "Not If, but When" might be right, but it might be that LNG misses the next wave as there is a new crop of players ready to compete against us"

    Speaking of which, here's another Plaquemines Parish Player entering the LNG Pipeline of prospective Gator's wanting to take a Bite, maybe when they said, "Not if, but When" they were referring to be overtaken, then swamped by the opposition, as

    Pointe LNG, a newcomer to the industry, has signed an engineering and technical services agreement with KBR for its proposed LNG facility in Plaquemines Parish, Louisiana.

    KBR has been contracted to provide with front end engineering design submittals and services required to obtain FERC approval for the project.

    Pointe said on Monday that the construction of the facility was expected to begin in the first quarter of 2021 with initial operations expected in the first quarter of 2025, assuming that various contingencies and approvals are satisfied.

    This includes the completion of the FERC pre-filing process which is expected to occur by December 2019 and the receipt of financing and all necessary permits and approvals.

    Pointe LNG intends to build a liquefied natural gas plant capable of producing 6 million tons of LNG from three trains, as well as two LNG storage tanks of 140,000-cbm each.

    The company also intends to build and operate two pipelines that would feed natural gas to the liquefaction facility. The two pipelines would connect to the Tennessee gas pipeline and the High Point Gas Transmission 2.4 and 2 miles away from the plant, respectively.

    The facility will be located on the east bank of the Mississippi River at mile marker 46.

    www.lngworldnews.com/pointe-lng-hires-kbr-for-engineering-work-on-louisiana-facility/
 
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