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LNG - FERC's LNG Highlights - July 21, 2005
FERC approves the innovative new Ingleside LNG terminal
and Energy Center near Corpus Christi Bay, TX
This project would provide for a new LNG terminal designed to
process, import, store, and vaporize 1 billion cubic feet of liquefied
natural gas per day. The project also includes an optional process
for extracting natural gas liquids. The project would be constructed
on the shoreline of Corpus Christi Bay near Ingleside, Texas,
on a site owned by the applicants' parent company, Occidental
Chemical Corp.
The project is unique in two ways:
- Ingleside proposes to include a natural gas liquids recovery
unit in the design of the terminal. The unit will enable the
company to remove a portion of the higher Btu gas components,
from the gas stream for sale into the liquids market, thus
expanding the project's output to a wider range of potential
customers; and
- Ingleside plans to use waste heat from Occidental Chemical's
existing chemical facility to vaporize the LNG. The plan is
environmentally beneficial because it will reduce potential
air pollution.
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