Page 7 - LatAmOil Week 34 2021
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LatAmOil MEXICO LatAmOil
These remarks appear to be correct, Argus same for Trafigura. These announcements only
Media said. It noted that the Mexican govern- affected PMI and did not prevent any other
ment would not be able to take this kind of Pemex affiliates from dealing with the trading
action against the trading firms unless it first companies. Now, though, Mexican authorities
secured the approval of the Public Sector Min- appear to be looking for ways to sever ties.
istry (SFP) and published a notice of the new Both Vitol and Trafigura have been accused
policy in the official gazette. of bribery and corruption in multiple venues
PMI, the trading arm of Pemex, said late last around the world. Earlier this year, Vitol agreed
year that it would not conclude any new busi- to pay $164mn to settle charges of bribery in
ness deals with Vitol, and last month it did the Brazil, Mexico and the US.
EL SALVADOR
BW Tatiana FSRU heading to El Salvador
to launch EDP’s LNG-to-power project
BW LNG, a subsidiary of Singapore-based BW last year from Energía del Pacífico (EDP), the
Group, and its partner Invenergy (US) have joint venture that Invenergy and BW LNG have
moved one step closer to launching an LNG- set up for the project.
to-power project in El Salvador following the When the FSRU reaches El Salvador, EDP
completion of work on a floating storage and will anchor it at a site offshore Acajutla, about
regasification unit (FSRU) known as the BW 1.2 km from the coast. At this location, the ves-
Tatiana. sel will be able to take delivery of LNG, regasify
In a statement dated August 20, BW LNG it and transfer it to a 2-km pipeline for deliv-
reported that the BW Tatiana had departed ery to shore. Boskalis, the Dutch company
from the Keppel Tuas shipyard in Singapore. that is building the pipeline, reported in June
The 137,000-cubic metre FSRU is now bound of this year that it had nearly finished with
for the port of Acajutla in El Salvador and will construction.
reach its destination later this year. This link will deliver gas to EDP’s 378-MW
When finished, the FSRU will be able to thermal power plant (TPP) in Acajutla, which
regasify LNG at the rate of up to 280mn cubic is due to begin operating next year. This plant
feet (7.93mn cubic metres) per day. It will also will eventually turn out enough electricity to
be the first vessel of its kind to be deployed in cover around 30% of El Salvador’s demand. It
Central America. will be linked to the Central American Electri-
The BW Tatiana is a converted LNG carrier cal Interconnection System (known as CAEIS),
formerly known as the Gallina and previously which connects the power grids of El Salvador,
owned by Royal Dutch Shell (UK/Netherlands). Guatemala, Nicaragua, Honduras, Costa Rica
Keppel won a contract for the conversion project and Panama, via a 230-kV transmission line.
Plan for Acajutla LNG terminal and associated facilities (Image: EDP)
Week 34 26•August•2021 www. NEWSBASE .com P7
