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Sandino. e facility is due to have a generat- ing capacity of 300 MW, the New York-based company said.
In its statement, NFE said it hoped to bring the FSRU and the TPP on stream in the second half of next year and was con dent that it could obtain the needed permits and authorisations in a timely manner. It also stated that it would use cash on hand and funds generated by operations to cover the cost of this project.
e company went on to say that the gas-to- power scheme would bene t Nicaragua’s econ- omy while promoting decarbonisation. “The [TPP] is expected to contribute to the advance- ment of the country’s long-term economic development while also assisting the transition
to lower-carbon, more environmentally friendly energy sources,” it commented.
Wes Edens, the general director of NFE, also stressed this point, saying that the project was in line with his company’s goal of “[bringing] clean and cheaper energy to countries that need it around the world.” He also called it “a huge step for the region and for Nicaragua to move towards cleaner energy in the future,” BNAmer- icas reported.
For his part, Mansell pointed out on Febru- ary 17 that the Puerto Sandino TPP would be the largest facility of its kind in the country. e plant will be able to produce enough electric power to make up for variations in supply from renewable energy sources, he added.™
Peru LNG reports exports down in January
PERFORMANCE
PERU LNG, the operator of a natural gas liq- uefaction plant and export terminal in Pampa Melchorita, saw its export volumes decline year on year in the rst month of 2020.
Data published last week by the national oil company (NOC) Perupetro show that Peru LNG loaded four vessels with 674,751 cubic metres of LNG in December. is marked a 24.5% drop on the gure reported in the same month of 2019, when the group exported 893,710 cubic metres of LNG.
Exports also went down month on month in January. According to previously released data, Peru LNG loaded six vessels with 994,896 cubic metres of LNG in December 2019. As a result, total export volumes dropped by about 32.2% on the previous month’s level.
Peru LNG has loaded and delivered a total of 557 cargoes of LNG since its launch in June 2010. Of the four cargoes exported in January 2020, one went to Japan, while the other three went to South Korea.
e Peru LNG consortium was founded by
the US company Hunt Oil together with three partners. e group spent $3.8bn on building the Pampa Melchorita facility, which includes a 4.45mn tonne per year (tpy) gas liquefaction plant constructed by Chicago Bridge & Iron Co. (CBI), as well as a marine terminal built by a consortium known as CDB. ( e CDB group includes Italy’s Saipem, Luxembourg’s Jan de Nul and Brazil’s Odebrecht.)
e Pampa Melchorita complex is also home to a storage depot out tted with two 130,000 cubic metre tanks and a 34-inch (860-mm) nat- ural gas pipeline. e pipeline handles gas from elds in the Cusco region that are being devel- oped by Spain’s Repsol and Argentina’s NOC YPF. It follows a 408-km route from Chiquin- tirca, a town in the Ayacucho region, to the LNG plant.
Equity in the Peru LNG project is divided between Hunt Oil, with 50%; SK Energy (South Korea), with 20%; Royal Dutch Shell (UK-Netherlands), with 20%, and Marubeni (Japan), with 10%.™
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w w w. N E W S B A S E . c o m Week 07 20•February•2020