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ExxonMobil seeking site for UK LNG import terminal
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By OGJ editors
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HOUSTON, Nov. 19 -- ExxonMobil Corp., which signed a heads of agreement in June with Qatar General Petroleum Corp. to supply natural gas to the UK for 25 years beginning in 2006-07, is investigating British sites for a potential LNG import terminal.
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Harry Longwell, ExxonMobil director and executive vice-president, said the UK's indigenous gas supplies were expected to decline in the near future, and "by the end of this decade, a shortfall will have to be met from other sources, such as from LNG imports."
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Sites being considered include the Isle of Grain and Mill Haven, reported OPEC News Agency.
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The two companies are now finalizing issues connected with the project, including the potential LNG receiving terminal site in the UK, prospective customers, and shipping requirements. Two LNG production trains currently are being developed at the Ras Laffan LNG complex in Qatar to facilitate the deliveries (OGJ Online, Nov. 8, 2002).
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