CE FLNG pushed back several years
23 Apr 2020 - Upstream Costs and Technology | Headline Analysis
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Kelvin SamKelvin SamPrincipal Research Analyst

Cambridge Energy (CE) has pushed back the startup date for its Cambridge Energy Floating LNG (CE FLNG) project to the fourth quarter of 2026.

The company is working to finalise natural gas pipeline and transportation agreements, in addition to LNG supply agreements which are related to various customer regulatory approvals. CE now foresees submitting the FERC application in the first quarter of 2021. It further states that it continues working to complete financing, which has been delayed due to the Coronavirus Disease (COVID-19) and travel restrictions.

The CE FLNG project will be located in Lousiana, United States. Cambridge Energy plans to carry out the CE FLNG project over two phases. The first phase will include the construction and installation of pipelines and marine facilities required by the involved FLNG vessels. The phase will also include a berth and turning basin, which requires a deepening of the Mississippi River delta, for traditional LNG vessels. The second phase includes the construction and installation of the mooring system, and the installation of two FLNG vessels. In 2012, the Department of Energy Office of Fossil Fuels granted authorisation for Cambridge to use two vessels to export up to 8 MTPA of LNG.

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