Page 12 - GLNG Week 22 2021

GLNG NEWS IN BRIEF GLNG

AFRICA has been selected to conduct the technical, rights of way and simplified permitting due
engineering and commercial studies of the to its location near the Port of Buenaventura.
Egypt’s energy deficit Andes Energy Terminal (AET) located in The Port is considered the main foreign
trade port in Colombia with roughly 65%
the Aguadulce Peninsula in Buenaventura,
almost vanished y/y in Q1 Colombia. The study will build on commercial of international cargo mobilized through its
facilities.
and technical work previously completed by
2021 the sponsors and focus on the development by a grant from the United States Trade
The feasibility studies, which are funded
of a liquefied natural gas (LNG) regasification
Egypt energy deficit almost vanished in the facility and 400 megawatts (MW) of natural and Development Agency (USTDA), will
first quarter (January-March) 2021, narrowing gas-powered generation assets, in order to verify the proposed project site’s suitability,
by 92% year on year to $60mn as exports deliver reliable electricity to cities in central define the project design requirements, and
surged by 33.8% y/y and imports dropped by and southwestern Colombia. estimate capital and operating costs. It also
11.4% y/y. With economic growth returning in will assess the financial viability and define
The growth in oil exports was supported by many sectors and robust GDP projections, financing options while preparing a detailed
a 22% y/y surge in crude exports to $399mn, Colombia is anticipated to experience power implementation and construction plan.
followed by a more than tripling of natural generation shortfalls in 2022 and consistent BLACK & VEATCH, June 3, 2021
gas exports in terms of value to $564mn as natural gas deficits by 2023, even as global
the idled LNG train in Damietta came back LNG production soars. The AET seeks to Enable Midstream
on stream during the quarter, boosting overall aid Colombia’s energy transition to more
natural gas exports. Moreover, fuel oil exports sustainable power sources and add resilience announces FERC approval
more than doubled to $522mn in 2020. and reliability to an electric grid heavily reliant
The decline in oil imports was largely on hydro generation assets that are subject of the Gulf Run pipeline
driven by a halving of crude imports to to weather-related production variance.
$643mn in the first quarter of 2021, down In addition, the AET looks to develop a project
from $1.32bn in the same quarter the year hyperscale data center and new facilities for
before. storing liquid fuels, including infrastructure Enable Midstream Partners announced
to meet the emerging opportunity in the today that the Federal Energy Regulatory
hydrogen market. Commission (FERC) has granted approval to
“Our energy terminal reflects a forward- construct and operate the Gulf Run Pipeline
AMERICAS looking approach to solving Colombia’s project under section 7(c) of the Natural
energy and data infrastructure needs,” said Gas Act. The project is designed to transport
Black & Veatch to conduct Manuel Tenorio, Chairman, Andes Energy natural gas from some of the most prolific
natural gas producing regions in the US,
Terminal. “By combining fuel supply, efficient
feasibility studies for Andes and sustainable power generation, storage including the Haynesville, Marcellus, Utica
and data infrastructure in one location, we
and Barnett shales and the Mid-Continent
Energy Terminal, an LNG can achieve significant efficiencies to reduce region, to the US Gulf Coast and is backed by
a 20-year commitment for 1.1 billion cubic
the overall environmental footprint of the
terminal and power plant project and provide a strong basis for much feet per day (bcf/d) from cornerstone shipper
Golden Pass LNG. The planned 42-inch
needed investment in the Southwest region of
project in Buenaventura, Colombia.” pipeline provides for approximately 1.7 bcf/d
of capacity, allowing for upside potential
The AET is strategically located within
Colombia the Bay of Buenaventura presenting an beyond Golden Pass LNG’s commitment.
“We appreciate FERC’s thoughtful
opportunity to build a multi-purpose
Black & Veatch, a leading provider of low- infrastructure project leveraging a natural review of the project and all of the hard
carbon energy infrastructure solutions, deep-water port that provides ease of access, work from our best-in-class project team to
reach this important milestone,” said Rod
Sailor, president and CEO. “Gulf Run makes
significant use of existing assets, reducing
the project’s cost and environmental impact.
With FERC approval and the demand
for LNG increasing globally, the project
is well-positioned to add new customer
commitments.”
The cost for the project is currently
estimated at approximately $540mn, and
pipe for the project was recently acquired
at favorable pricing relative to market. The
contractor bidding process is underway, and
the project is anticipated to be placed into
service in late 2022.
ENABLE MIDSTREAM PARTNERS, June 2, 2021

P12 www. NEWSBASE .com Week 22 04•June•2021