Annova LNG approved for non-FTA export
The U.S. Department of Energy (DOE) has authorized Annova LNG to export liquefied natural gas (LNG) to nations where the United States does not have a free trade agreement (FTA), positioning Annova LNG to help coal-reliant nations diversify their energy supply with lower-carbon, U.S. produced natural gas.
The 20-year authorization does not include countries with which trade is prohibited by U.S. law or policy.
“This authorization from the DOE allows us to reach more customers worldwide and is another milestone accomplished as we make progress towards a final investment decision,” said Omar Khayum, CEO, Annova LNG. “Exporting natural gas through our well-controlled, renewable-powered liquefaction process to non-FTA countries that are heavy coal consumers will help reduce worldwide greenhouse gas emissions, which benefits us all.”
DOE authorized export of approximately 360 billion cubic feet per year (Bcf/yr.), which corresponds to 6.95 MTPA, the optimal production capacity of the facility. Annova LNG plans to start operations of the facility at 6.5 MTPA and increase output as operating conditions and commercial demands allow.
The Federal Energy Regulatory Commission (FERC) approved construction of the facility on November 22, 2019.
“Our disciplined focus on structure, strategy and sustainability differentiates Annova LNG from our competitors and underpins our ability to create long-term value for our customers,” said Khayum. “Annova LNG is positioned to be one of the most sustainable and reliable providers of LNG from the United States.”
Specifically, the LNG facility plans to utilize electric-driven compressor engines and source its electricity through 100 percent carbon-free renewable energy resources.
GasPro 2.0: A Webcast Symposium
Following on the heels of the highly successful GasPro 2.0 Webcast Symposium in October 2018, the second GasPro Webcast Symposium 2.0 will take place on October 24, 2019.
The 2019 web event will gather experts in the fields of LNG, gas processing, and gas transport/distribution to share their operations expertise, engineering and design solutions, and technology advances and trends with our audience.
Attendees will learn about technology and operational solutions and deployments in a number of areas: plant design and expansion, construction, NGL production, optimization, sulfur removal, marine operations and separation technology.
October 24, 2019 08:30 AM CDT