CRE Permit LNG Offshore Terminal Jan 2005 | |
Beacon
Port Clean Energy Terminal |
Cheniere
Gets OK for Louisiana Facility FERC approve Texas terminal April 2005 |
GAS RESERVES Bcf Egypt 58,500 China 53,325 Kuwait 52,200 Libya 46,400 Ukraine 39,600 Azerbaijan 30,000 Oman 29,280 Bolivia 24,000 Trinidad Tobago 23,450 |
Beacon Port Clean Energy Terminal Offshore LNG terminal ConocoPhillips has submitted an application to the US Coast Guard for the construction of a new offshore LNG regasification facility in the GoM. The proposed Beacon Port Clean Energy Terminal will be in federal waters 56 mi south of the Louisiana mainland. The facility will offload, store, and regasify the LNG, then make the natural gas available through a system of pipelines for delivery. This facility will have a throughput capacity of 1.5 bcf/d and will serve ars a source of clean energy for the US and the Gulf Coast region. ConocoPhillips plans for Beacon Port to consist of two concrete gravity-based LNG storage tanks, regasification equipment docking platforms, and other unloading and operational equipment. A separate platform adjacent to the tanks will house terminal crew and other related equipment and non-operational facilities. Beacon Port will send gas to the mainland through 46 mi of new pipeline and a riser platform that will connect to existing pipelines 29 mi south-southeast of Johnson's Bayou, Louisiana. Existing pipelines will bring the gas to shore. Construction could begin in late 2006 and will take four years. ConocoPhillips anticipates that the first shipment of LNG to the facility could be delivered in 2010. |
FERC approves new Texas
LNG terminal WASHINGTON, April 13 2005 (UPI) Federal regulators Wednesday approved plans to build a liquefied natural gas terminal along the south Texas coast in Corpus Christi. The terminal will be able to process and store about 2.6 billion cubic feet of gas daily and will link with a 23-mile pipeline that will connect with a major interstate pipeline in Texas' San Patricio County. The Federal Energy Regulatory Commission gave the green light to both the terminal and the related pipeline project during its meeting Wednesday in Washington. The Corpus Christi LNG project will have two tanker berths and three 160,000-cubic meter storage tanks. The FERC ordered the terminal be ready for operation within three years |
LNG Import Facility in
California BHP Proposal BHP 8/15/2003 URL: http://www.rigzone.com/news/article.asp?a_id=7956 Looking to meet the growing demand for natural gas, BHP Billiton announced that following preliminary discussions it intends to file applications with the United States Coast Guard/Maritime Administration (MARAD) and the California State Lands Commission to construct and operate a liquefied natural gas (LNG) regasification facility. The facility would be located more than 20 miles from Oxnard off the Ventura County coast and would be developed by BHP Billiton LNG International, Inc., a wholly owned subsidiary of BHP Billiton. This deepwater facility -- named Cabrillo Port -- would be the receiving point for shipments of 'California-bound' LNG. Cabrillo Port would be a permanently moored facility -- a floating storage and regasification unit, or FSRU. LNG will be stored onboard in traditional LNG storage tanks and will be converted to natural gas through a heat exchange system, and then transported by an undersea natural gas pipeline into the existing pipeline system of the local gas utility. The applications will seek to obtain a deepwater port license for the right to operate the FSRU in U.S. coastal waters and a land lease from the California State Lands Commission for the right to construct an undersea pipeline to the shore to deliver the natural gas into the local utility system. The deepwater port license would be issued by MARAD, who is authorized by the Secretary of Transportation to make a decision on the license after processing by the Coast Guard and MARAD. "We've taken BHP Billiton's long-held expertise in operating offshore floating production facilities and merged it with state of the art LNG carrier, storage and regasification technology, in order to be able to site an FSRU offshore that can deliver much needed natural gas directly into California," said Stephen Billiot, Vice President of BHP Billiton LNG International, Inc. "We understand California's concern for its coastline and its communities. Although LNG's excellent safety record is well documented, we are siting this much needed LNG facility far offshore and away from population centers to ensure the highest level of protection for the California coast and public safety," Mr. Billiot said. Cabrillo Port will be based 21.5 miles offshore of the City of Oxnard -- outside the existing shipping lanes and marine mammal migratory patterns, as well as away from the Point Mugu U.S. naval testing area and the Channel Island Marine Sanctuary. The FSRU will be permanently moored to the ocean floor and connected to the shore via a traditional natural gas pipeline. The natural gas pipeline will come ashore in Ventura County, near Ormond Beach, and connect directly into the local gas utility's pipeline system. The FSRU design features three "Spherical Tanks" -- state of the art LNG storage tanks -- with the capacity to store the equivalent of 6 billion cubic feet of natural gas. The FSRU will contain eight vaporizers to enable the conversion -- or regasification -- of up to 1.5 billion cubic feet of natural gas per day. Anticipated average send-out will be approximately 800 million cubic feet per day, or almost 15% of what California requires every day. Following the filing of the applications with the Coast Guard and State Lands Commission, BHP Billiton anticipates that both agencies will take the lead, pursuant to federal and state environmental laws, and undertake a joint and cooperative environmental and public review process. Following public review and approval, BHP Billiton expects the design, fabrication and installation of necessary facilities to allow for operations to commence by 2008. BHP Billiton's Cabrillo Port provides a unique and environmentally friendly alternative to meeting the energy and environmental demands of California. Natural gas is a more efficient and cleaner burning fuel than coal or oil, and the FSRU's offshore location minimizes social and environmental impacts while providing a safer and less intrusive locale for its operations. BHP Billiton's applications for a deepwater port license and land lease are the first step in a lengthy process that will include other relevant permit applications, significant environmental review, public hearings and community meetings. As part of BHP Billiton's health, safety, environmental and community operating practices, meetings will be held in appropriate public forums to discuss this project with a wide variety of stakeholders in the region. These will be set, disclosed and in compliance with all applicable regulations. |
Fairwinds LNG terminal
JV ConocoPhillips Co. TransCanada Pipelines Ltd
Fishermen trying to sink gas terminal; "They're going after our way of life,"
says a leader of Fish...Fairwinds Suspends Harpswell LNG Project Jan 22, 2004 - Portland Press Herald Author(s): Ted Cohen Staff Writer A group of fishermen in Harpswell has launched an aggressive door- to-door campaign to try to prevent the town from leasing a former fuel depot for use as a liquefied natural gas terminal. Fishing Families for Harpswell, which outlined its campaign Wednesday before the editorial board of the Portland Press Herald/ Maine Sunday Telegram, argues that the project would devastate the lobster industry. The group is urging the town to reject the project when it comes to a vote, possibly in early March. "Fishermen have worked for decades to preserve our way of life," said Jim Merryman, co-President of Fishing Families for Harpswell. "This project would be devastating to the lobster habitat." Merryman said that the laying of a pipeline and the movement of huge ships carrying the gas would wreak havoc with lobster migration patterns, and that the lobster supplies would eventually decline. Officials for Fairwinds, which is a joint venture of ConocoPhillips Co. and TransCanada Pipelines Ltd., said all necessary steps are being taken to ensure that the fishing industry is protected. Fairwinds came to the town in September for permission to build and operate a gas terminal and pipeline on a 7-acre parcel at the former Navy fuel depot off Route 123. The debate about the possible lease by the town will resume tonight when selectmen provide an update on their talks with Fairwinds. A date for a town meeting vote on a proposed lease could be set tonight, said Town Administrator Kristi Eiane. Ron Lapointe, co-President of Fishing Families for Harpswell, said lobstermen "are being sacrificed" for the project. "They're going after our way of life," he said. "We're small businessmen." Peter Micciche, spokesman for Fairwinds, said the project "was specifically designed around the needs of Casco Bay/Middle Bay fishermen." Micciche said that ships would not be operating when lobstermen are fishing, and that the channel would be marked to clarify where the ships would operate. He also said that a $1 million mitigation plan would protect against possible damage to lobster gear, and that extensive environmental studies would be done "in order not to impact the lobster fishery." Fairwinds has said it would restrict the tankers' passage to a 400-foot area. Ships would be allowed to dock in Harpswell only after 1 p.m. They would make one trip every four to nine days. The $350 million project would enable Fairwinds to receive gas shipments in Harpswell at a new dock and jetty. Liquefied natural gas would be reverted to natural gas on the site before being sent through a new underwater pipeline that would traverse Casco Bay. In early December, selectmen canceled a Jan. 27 vote in which residents would have decided whether to approve a lease that would last 30 to 50 years. Fairwinds had agreed to pay the town about $8 million a year in annual lease fees. Town officials identified discrepancies in the lease proposal and accused Fairwinds of trying to take advantage of the town. Selectmen agreed to resume negotiations provided they could deal with Fairwinds' top officials and present the venture with a list of demands. Negotiations resumed recently. A group called FairPlay for Harpswell is also opposing the proposed lease. It members claim that neighbors of the site would be forced to move, property values on Harpswell Neck would decrease, and fishing would be jeopardized by the tankers and the underwater pipeline. Staff Writer Ted Cohen can be contacted at 282-8225 or at: tcohen@pressherald.com Fairwinds Suspends Harpswell LNG Project Fairwinds 3/10/2004 URL: http://www.rigzone.com/news/article.asp?a_id=11495 TransCanada and ConocoPhillips will suspend further work in Harpswell, Maine on the Fairwinds liquefied natural gas (LNG) project. Yesterday, the residents of Harpswell voted against leasing the former U.S. Navy Fuel Depot site in the community for the purpose of building an LNG regasification facility. Despite the outcome of this vote, there remains a critical need for reliable, new sources of natural gas in the northeast United States. Both companies are committed to pursuing opportunities to deliver clean and safe LNG supply to the northeast United States. "Although we are disappointed with the results, we respect the choice of the people of Harpswell regarding their decision," said Peter Micciche, Fairwinds Stakeholder Relations Manager. "Over the past six months we were committed to listening to those affected by the project and felt we developed a lease that addressed their major concerns. "We've enjoyed the opportunity to spend the past few months becoming acquainted with so many good people in Harpswell," Micciche continued. "We'd like to extend a heartfelt thanks for their New England hospitality. We have also grown to appreciate the unique qualities of the town and wish the community of Harpswell success in the future," said Micciche. On September 18, 2003, TransCanada and ConocoPhillips presented plans for the Fairwinds LNG project to the Board of Selectmen at a public meeting. A detailed public information program to inform Harpswell residents and to solicit their views about the Fairwinds project followed. |
Houston Chronicle 1/20/2004 URL: http://www.rigzone.com/news/article.asp?a_id=10519 El Paso's plans to build on offshore liquefied natural gas port won approval last Thursday from federal regulators. The U.S. Maritime Administration, part of the Department of Transportation, gave the go-ahead for El Paso to build its natural gas deep-water port 116 miles off Louisiana. The facility will basically be a buoy attached to a flexible steel pipe. When it's not in use, it will rest near the floor of the Gulf of Mexico. But after a tanker approaches, the device will rise to the surface. Once the tanker is docked, the liquid natural gas it is carrying will be converted into gas on the ship and pumped through the buoy into subsea pipelines. "This new facility will improve efficiency by eliminating the need for a carrier to come all the way into a shore-side port and save money in the process," U.S. Transportation Secretary Norman Mineta, said in a prepared statement. Houston-based El Paso is the owner and operator. "We are pleased with today's announcement, and we look forward to completing the final stages of this project," El Paso spokesman Aaron Woods said. El Paso expects to begin constructing the port during the second half of the year, with the facility expected to be running by December. Its capacity, which represents an outflow of gas, is expected to be 400 million cubic feet to 500 million cubic feet a day. Excelerate Energy, based in the The Woodlands, is providing funding the project and will own its capacity. Excelerate has also already charted two tankers, which are now being built. Various companies have proposed a number of LNG projects, both onshore and offshore. On Thursday, Exxon Mobil Corp. said it had filed for a permit with the Federal Energy Regulatory Commission for an LNG terminal in San Patricio County. The terminal would have a processing capacity of 1 billion cubic feet of gas per day. |
ExxonMobil 1/16/2004 URL: http://www.rigzone.com/news/article.asp?a_id=10460 An ExxonMobil affiliate, Vista del Sol LNG Terminal LP, has announced plans to develop a $600 million Liquefied Natural Gas (LNG) receiving terminal along the Gulf Coast of Texas. The proposed project, to be located in San Patricio County about two miles west of Ingleside, Texas, was announced today at an event attended by Texas Governor Rick Perry, Consul General of the State of Qatar Mohamed Al-Hayki, local business and government officials, and representatives of ExxonMobil. The terminal, which will process imported LNG for distribution throughout Texas and the United States, should take about three years to build and involve employment for some 600 workers during peak construction. The facility is expected to be operational in the 2008/09 timeframe, with a processing capacity of 1 billion cubic feet per day (bcfd) of LNG. Late last year, ExxonMobil initiated the permitting process for the Vista del Sol project with the Federal Energy Regulatory Commission (FERC), an undertaking that involves numerous engineering design, safety, environmental and other studies that typically lasts about 18 months. Prior to the initiation of the permitting process, the Port of Corpus Christi Board of Commissioners voted unanimously to support the project. In November, the company via an affiliate, Golden Pass LNG Terminal LP, entered the FERC permitting process at another Texas site, Sabine Pass, located 10 miles south of Port Arthur. "Texas and the United States need secure supplies of natural gas to attract industries, assure development and to continue the strong economic growth we're experiencing in our state and throughout the nation," said Governor Rick Perry speaking at today's event. "This project will bring jobs and other economic benefits to San Patricio County and the greater Corpus Christi area, and will provide long-term supplies of natural gas for our industries, power plants and homes. We support ExxonMobil's efforts to bring another important LNG project to Texas." Philip Dingle, president of ExxonMobil Gas and Power Marketing Company, said, "This is another important step in our plans to develop LNG receiving terminals on the U.S. Gulf Coast. There is strong growth in natural gas demand projected in the future, and the import of LNG will be an important component of the supply mix. We appreciate the continued commitment of Governor Perry, Texas Railroad Commission Chairman Victor Carrillo, State Senator Judith Zaffrini, State Representative Gene Seaman, San Patricio County Judge Simpson, the Port of Corpus Christi Board of Commissioners and other state, local and civic leaders who are working with us to bring this LNG project to San Patricio County. This project will help support economic development in South Texas and the U.S." In October, ExxonMobil and Qatar Petroleum announced a Heads of Agreement to supply 15.6 million tons a year of LNG (2 bcfd) from Qatar to the United States for an expected period of 25 years. |
Sonora, Mex.,
LNG terminal DKRW purchases land for By OGJ editors HOUSTON, Aug. 17 2004 Houston-based DKRW Energy LLC's subsidiary Sonora Pacific Mexico has purchased from the state of Sonora, Mex., 1,500 acres of property at Puerto Libertad on the Gulf of California for its planned 1.3 bcfd LNG regasification and storage terminal and pipelines (OGJ Online, May 26, 2004). El Paso Corp. will install pipeline infrastructure to deliver 500 MMcfd of gas from the terminal to Sonora and Sinaloa states—primarily for electric power generation—and 800 MMcfd to Arizona and California through Nogales to its existing system in the western US. The LNG site is 200 miles from the large Tucson-Phoenix gas market. Sonora Pacific plans to start construction in mid-2005 and to begin operations in mid-2008, assuming government approvals. Bechtel Corp. and Chicago Bridge & Iron, The Woodlands, Tex., will manage engineering and construction, and Houston firm Andrews & Kurth LLP will provide legal support. In the next few months Sonora Pacific will work to secure permits and to market throughput capacity and equity in the terminal and pipeline to Pacific Rim gas suppliers and other investors. |
ChevronTexaco de Mexico Awarded
CRE Permit Winner in SCT Public Licensing Round for the Construction of an Offshore Natural Gas Import Terminal in Baja California SAN RAMON, Calif. and TIJUANA, B.C., Mexico, Jan. 6 -- ChevronTexaco de Mexico today announced that it was awarded a permit from the Regulatory Energy Commission (CRE) for a proposed natural gas import terminal off the coast of Baja California, Mexico, moving the company forward in its aim to deliver natural gas to Mexico. In addition, ChevronTexaco received notice from the Communication and Transport Secretariat (SCT), through its Port Authority, that the company is the winner of the public licensing round for an offshore concession to construct and operate its offshore natural gas import terminal. "We are pleased to be awarded these authorizations from the Mexican federal government after participating in a comprehensive and rigorous permitting process," said John Gass, president of ChevronTexaco Global Gas. "These important new milestones, together with the previously received environmental authorization from the Environment and Natural Resources Secretariat, move us a step closer to being able to import essential supplies of natural gas to help meet Mexico's long-term energy needs. It also provides a potential outlet to supply neighboring markets with any excess capacity." Carlos Atallah, president of ChevronTexaco de Mexico, said, "We are pleased with our progress in the terminal permitting process. This is an important project for Baja California and the whole region to be able to meet the growing demand for clean energy." Atallah added, "The terminal will be designed to have an initial capacity of 700 million cubic feet of natural gas per day and can be expanded based on future demand. ChevronTexaco's project is expected to bring additional investments and jobs to Baja California and, by diversifying the state's natural gas sources, contribute to more stable energy supplies and prices." ChevronTexaco's terminal will be located more than 13 kilometers (8 miles) offshore and will be designed with state-of-the-art safety and environmental standards. ChevronTexaco is committed to an open dialogue with the various representative groups of the Baja California community and welcomes their interest in learning more about the project. To learn more about ChevronTexaco's project in Baja California, please visit www.gnlbaja.com. Cautionary Statement Relevant to Forward-Looking Information for the Purpose of "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995. This news release contains forward-looking statements about ChevronTexaco's plans for a liquefied natural gas receiving and regasification terminal offshore Baja California. The statements are based on management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. Among the factors that could cause actual results to differ materially are the success and timing of securing additional necessary approvals and permits for the construction and operation of the terminal, actual future demand for natural gas demand in Mexico and North America, timely construction and start-up of the terminal offshore Baja California, and local and general economic conditions. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, ChevronTexaco undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. SOURCE ChevronTexaco Corp. |
By Elio Ohep of Petroleumworld CARACAS 01 16 04 Petroleumworld.com Oil majors are trying to setup deals by the end of 2003 due to LNG imports to the US will doubled by 2025 to nearly 5-trillion cu ft. according to the forecast of the US government's Energy Information Administration (EIA). Shell and US Sempra have teamed up in Mexico, to build the first LNG import facility in Baja California. UK BG, the leading LNG importer to the US, has pick up more capacity and setting deals with suppliers such a Trinidad. ConocoPhillips has given a major boost to a Texas project, BP, has lined up a deal to supply Sempra with LNG from Indonesia's Tangguh project. Sempra it is also developing an LNG reception terminal - Cameron LNG - near Lake Charles, Louisiana. Sempra, Shell on Course for LNG Land Permit Sempra Costa Azul May 05 2005 BNAmericas 3/18/2004 URL: http://www.rigzone.com/news/article.asp?a_id=11644 It is "practically a fact" that energy companies Shell and Sempra will receive a land permit for their proposed liquefied natural gas (LNG) terminal at Costa Azul in Mexico's Baja California state, the state's minister for economic development, Sergio Tagliapietra, told BNamericas. Tagliapietra addressed a letter to "the international community" on March 12 saying that the state supports companies "that have met all the legal and technical requirements associated with LNG projects in Baja California." The move reflected concern about the possible negative fallout in the international business community when US company Marathon abandoned a US$1.5bn energy complex after the state government expropriated the land where the project was planned. The state government maintains that Marathon did not follow the proper procedure because the company never applied for permission from the state and Tijuana municipal authorities although it obtained a permit from national energy regulator CRE in 2003. "Companies know that it is necessary to comply with the regulations as well as responding to the market demands. Sticking to the law guarantees and gives certainty to investments," Tagliapietra said. "We are a state that promotes investment and aim to provide the best information possible for companies to make decisions. On the other hand, companies should act in accordance with the regulations that apply in each case," he added. Apart from the Sempra-Shell project, ChevronTexaco plans a regasification terminal 13km offshore from Tijuana. "Both projects will generate benefits and contribute to the strengthening of our state's infrastructure, making us more attractive to investment. However, it is not the state government alone that determines whether these plants get built," Tagliapietra said. Shell and Sempra have received a permit from the CRE and ChevronTexaco expects to receive one sometime this year, but the latter's project has attracted negative press because of its location near the environmentally-sensitive Coronado Island. While ExxonMobil is counting on a US east coast LNG import project, the company has begun the pre-filing process for a liquefied natural gas import facility in Corpus Christi, Texas, the company announced Thursday. Houston-based Cheniere Energy, in December filed a permit with FERC to build a 2.5 Bcf/d LNG import terminal in Corpus Christi, as well as a permit to build a similar terminal in Sabine Pass, Louisiana. ExxonMobil also holds an option on an LNG terminal site across the river from the Cheniere site in Sabine Pass, Texas. Cheniere Gets OK for Louisiana Facility 12.15.2004 Cheniere Energy Inc. said Wednesday that government regulators approved its plan to build a liquid natural gas receiving terminal in Cameron Parish, La. The oil and gas producer said the approval by the Federal Energy Regulatory Commission allows the company's Sabine Pass LNG limited partnership to construct and operate the terminal and an associated pipeline. The approval is subject to specific conditions that Cheniere expects to satisfy and construction is set to begin in the first quarter. Cheniere said the facility will have an initial processing capacity of 2.6 billion cubic feet of liquid natural gas per day. Late Monday, ChevronTexaco Corp. said it entered to a 20-year agreement reserving 700 million cubic feet of gas capacity at the Sabine Pass terminal, after backing out of a deal to buy a stake in the partnership last week. Cheniere stock opened 14 percent higher at $61 per share on Tuesday after ChevronTexaco's announcement. Cheniere shares rose $1.20, or 1.9 percent, at $63 in afternoon trading on the American Stock Exchange. Shares of San Ramon, Calif.-based ChevronTexaco fell 25 cents, or 0.5 percent, to $52.83 on the New York Stock Exchange. Marathon Oil has announced plans for a terminal that would form part of a "regional energy park," including a 1,000MW power plant, at La Joya outside Tijuana, Mexico. ChevronTexaco is looking at an offshore terminal in Mexico, while Shell already has a 75% stake in a joint venture with France's Total to build an LNG terminal at Altamira on the Gulf Coast for supply to power plants of state owned Federal Electricity Commission (CFE). Announcing the deal just before Christmas, the companies said their JV would build, own and operate a terminal at Costa Azul, some 14 miles north of Ensenada, able to supply 1-bil cu ft/d of gas both locally and in the US southwest. About 500-mil cu ft/d would be used to meet growing demand in western Mexico, with any surplus providing new supplies for the southwest US. Construction is due to start by mid-2004, with the terminal going on-stream in 2007. The partners said combining their proposed terminals into a single project would significantly cut the impact on the local environment. Shell and Sempra have long track records in Mexico. Shell already has a 75% stake in a joint venture with France's Total to build an LNG terminal at Altamira on the Gulf Coast for supply to power plants of state owned Federal Electricity Commission (CFE). ConocoPhillips gave a proposed LNG reception terminal at Freeport a major boost just ahead of Christmas when it announced it would obtain a 50% interest in the general partner of Freeport LNG Development and provide construction funding estimated at $400-500-mil for the LNG reception terminal at Freeport. Freeport Closes ConocoPhillips Deal 07.06.2004 Cheniere Energy Inc. said Tuesday that Freeport LNG Development LP closed a deal in which ConocoPhillips will build and use a liquefied natural gas receiving terminal on Quintana Island near Freeport, Texas. Cheniere, a producer of oil and gas as well as a developer of natural gas terminals, holds a 30 percent limited partnership interest in Freeport LNG. ConocoPhillips acquired one billion cubic feet per day of re-gasification capacity in the terminal and obtained a 50 percent interest in the general partner that is managing the venture. The Houston-based oil and gas company also will provide a majority of the construction funding, Cheniere said. Dow Chemical Co., based in Midland, Mich., has contracted for the remaining 0.5 billion cubic feet per day, Cheniere said. Freeport received approval from the Federal Energy Regulatory Commission last month to build and operate a facility to produce 1.5 billion cubic feet of gas per day. The company said it expects to receive the remaining federal, state and local approvals in the third quarter. Cheniere said the companies plan to start construction in the fourth quarter and begin operations in the second half of 2007. Freeport chairman and chief executive Michael S. Smith said the Quintana facility will be the first liquid natural gas receiving terminal built in the continental United States in 20 years. "The capacity of the facility is equivalent to about 3 percent of the current U.S. gas production," Smith said in a statement. In addition to Cheniere's 30 percent stake, Contango Oil & Gas Co. owns 10 percent of Freeport. |
Iraq 109,800 Indonesia 92,500 Australia 90,000 Norway 77,300 Malaysia 75,000 Turkmenistan 71,000 Uzbekistan 66,200 Kazakhstan 65,000 Netherlands 62,000 Canada 60,118 Egypt 58,500 China 53,325 Kuwait 52,200 Libya 46,400 Ukraine 39,600 Azerbaijan 30,000 Oman 29,280 Bolivia 24,000 Trinidad and Tobago 23,450 Total world 5,501,424 Jan. 1, 2003 OGJ, Dec. 23, 2002, p. 114 |