Transportation Industry
Floating LNG terminal gets green light.(Update)
Marine Log, April, 2008
After three years of extensive review, the Federal Energy Regulatory Commission (FERC) last month unanimously approved construction and operation of the Broadwater LNG Project, the first floating terminal for the storage and delivery of liquefied natural gas (LNG) in the U.S.
The Broadwater LNG Project, located in Long Island Sound, is a joint venture between TransCanada and Shell US Gas and Power.
FERC's approval is subject to the operator adopting various measures to enhance safety and security and limit its environmental impacts.
The Broadwater project would deliver up to 1.25 billion [ft.sup.3] of natural gas per day to fuel electric generating plants and heat homes. It would consist of a Floating Storage and Regasification Unit (FSRU)...
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