|
The approved MPEH™ facility will be capable of
regasifying LNG at a peak rate of 1.6 Billion cubic feet (Bcf) per
day (45 MM m3/d) and storing 28 Bcf (790 MM m3)
of vaporized natural gas in salt caverns. MPEH™ will be able to
deliver to the U.S. market a total of 3.1 Bcf per day (88 MM m3/d)
of natural gas from vaporization and storage. The Soft Berth™
mooring system and the offloading system are being designed to
handle the largest Q-max LNG tankers.
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 |
McMoRan plans to achieve significant cost advantages by using its
existing former sulphur mining structures, located in 210 feet (64
m) of water 38 miles (61 Km) east of Venice, Louisiana, in the
development of MPEH™. MPEH™’s offshore location adjacent to a major
shipping lane offers significant logistical savings to shippers, who
will save time by avoiding potentially congested inland waterways
and ports.
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Additionally, MPEH™’s access to 8 major interstate pipeline systems
in the eastern Gulf of Mexico offers substantial optionality and
premium prices relative to Henry Hub. The seasonal arbitrage
opportunities provided by on-site gas storage also add significant
value. The proximity of the proposed project to major natural gas
markets and the availability of on-site salt dome cavern storage
provide a potential opportunity to expand the project beyond a
typical LNG receiving facility, thereby creating substantial
additional values.
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Terminal
Specifications |
Permit Criteria |
|
LNG vaporization |
1.6 Bcf/d |
45 MM m3
/d |
|
Deliveries from cavern storage |
1.5 Bcf/d |
43 MM m3
/d |
|
Peak deliverability
|
3.1 Bcf/d
|
88 MM m3
/d |
|
LNG surface storage - expandable
|
|
145,000 m3
|
|
Salt cavern storage capacity |
28 Bcf |
790 MM
m3 |
|
Nominal LNG throughput
|
|
7
mtpa |
|
Nominal gas throughput
|
|
9.9B
m3
/yr |
|
