A Korean-Japanese consortium of three companies has secured a contract with the Mexican government’s electricity commission to build and operate a 1 Bcf/d liquefied natural gas (LNG) receiving terminal along the western mainline coast at Manzanillo, the group said. Mitsui & Co. Ltd. (37.5%), Samsung Engineering & Construction (37.5%) and Korea Gas Corp. (25%) secured the 20-year contract for the $900 million project.
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Long Beach, CA, LNG Terminal Gets Initial Okay; Muni Eyes Gas
The Port of Long Beach, CA’s Harbor Commission Tuesday gave initial approval to a subsidiary of Japanese-based Mitsubishi Corp., to pursue developing a liquefied natural gas (LNG) receiving terminal on a 27-acre site on part of an abandoned U.S. Naval Base in the harbor, which combined with adjacent Los Angeles Harbor comprises the nation’s busiest port. Long Beach’s municipal utility may be one of the buyers of the gas.
Long Beach, CA, LNG Terminal Gets Initial Okay
The Port of Long Beach, CA’s Harbor Commission Tuesday gave initial approval to a subsidiary of Japanese-based Mitsubishi Corp. to pursue developing a liquefied natural gas (LNG) receiving terminal on a 27-acre site on part of an abandoned U.S. naval base in the harbor, which combined with adjacent Los Angeles Harbor comprises the nation’s busiest port.