LNG imports to U. S. have been approved by FERC (U. S. Federal Energy Regulatory Commission) Judge W. T. Southworth
The Algeria II Project involves importing 926 million cu ft/day LNG for 20 yr starting in 1983. Southworth stated that the U.S. oil companies would invest more than $1.5 billion for six tankers. Sonatrach's investment of $3 billion or more would include the other six tankers needed to deliver the LNG. The case involves applications by El Paso Natural Gas Co., El Paso Eastern, El Paso LNG Co., United Gas Pipe Line Co., and United LNG, all of Houston. El Paso Atlantic would purchase the LNG. Some 65Vertical Bar3< would be sold to El Paso Natural Gas, and 35Vertical Bar3< to United Gas Pipe Line for $3.26/thousand cu ft during the first year and subject to escalations. Southworth concluded that the project, from the standpoint of siting, safety, and environmental impact, is acceptable.
- Research Organization:
- U.S. Fed. Energy Regulatory Comm.
- OSTI ID:
- 6938983
- Journal Information:
- Hydrocarbon Process.; (United States), Journal Name: Hydrocarbon Process.; (United States) Vol. 57:1; ISSN HYPRA
- Country of Publication:
- United States
- Language:
- English
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