EWC 15.8% 1.6¢ energy world corporation ltd

Energy World USA

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    WHY DON'T THEY FINISH THE PROJECTS ALREADY UNDER CONSTRUCTION !!!!!!!!!

    $800 million liquefied natural gas production, export facility proposed at Port Fourchon
    • Advocate staff report
    • Jan 31, 2017 - 3:13 pm




    • PHOTO CONTRIBUTED BY ENERGY WORLD USA
    Energy World USA recently completed a 2 million ton per year LNG plant in Sengkang, Indonesia, which is the model facility for a proposed $800 plant and export facility in Port Fourchon.



    An $800 million liquefied natural gas production and export facility is being proposed at Port Fourchon by Energy World USA.
    The proposed Galliano facility eventually will produce up to 2 million tons of LNG per year for export, as well as operate a separate, smaller-scale liquefaction plant that provides LNG to fuel offshore supply vessels operating in the Gulf of Mexico.
    The facility would be constructed on a site of up to 150 acres located on port-owned property to the west of Belle Pass, which is located outside of the existing port development.
    "While it is still very early in the planning and regulatory process, we are excited to be able to tell the community and our tenants about this potential opportunity to continue to keep Port Fourchon at the very cutting edge of the oil and gas services industry," said Chett Chiasson, executive director of the Greater Lafourche Port Commission.
    Chiasson said the port has been working with Energy World since April. The port commission will begin an assessment with the U.S. Coast Guard that will help ensure that current and future port activities are not adversely affected by the operation of the proposed facility. The document also will be used to support Energy World's application to the Federal Energy Regulatory Commission for project approval.
    "With as much as our workers and residents have been hurting lately, this project could be a great opportunity for our local economy, bringing hundreds of jobs during the construction phase, and dozens of good-paying permanent jobs once they are up and running …," said Lafourche Parish President Jimmy Cantrelle.

    Energy World USA is part of the Energy World International Ltd., a group of companies in the business of developing, constructing and operating in property investment, infrastructure, power generation and energy-related projects. EWI has a controlling interest in the Australian public company Energy World Corp.
    The companies have more than 20 years of experience in the production, storage, transportation and delivery of LNG to customers in Australia, Indonesia and the Philippines.
    Kevin Blount, president of Energy World USA, said the LNG produced at Port Fourchon will initially be exported to the company's own gas-fired power plants across the Asia-Pacific region and also be sold in the U.S. markets for marine use.
    "Eventually, we hope to export to Jamaica and the wider Caribbean where Energy World is separately proposing to develop a LNG hub terminal and gas-fired power plants consistent with our goal of delivering clean and affordable electricity to developing countries on a global platform," said Stewart Elliott, chairman and CEO of Energy World Corp.
 
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