NORTH AMERICA

LNG terminal for Long Beach

22 years ago

Conoco Phillips and Mitsubishi have signed an MOU to undertake a joint development of an LNG import terminal at the US West Coast port of Long Beach. Investment of up to $400m will enable the facility to output 700m cu ft of gas daily, rising to 1,000m cu ft during peaks. Operations are due to start in 2008. The LNG will be imported by Mitsubishi from Oman, following the signing of a contract to buy 800,000 tonnes per annum.

Long Beach, where Conoco Phillips wishes to develop a new LNG import terminal

The Philadelphia Regional Port Authority (PRPA) is in the throes of swapping maritime land known as the Pier 98 Annex to the SYSCO Corporation, a domestic food distribution company.

The Long Beach facility will be able to accommodate up to 5m tonnes annually of LNG, equivalent to 10% of total US demand. The US is on track to generate imports of 99m tonnes annually of LNG by 2025.