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To meet the challenge of the growing demand for natural gas in the
United States and to provide a safe, reliable, long-term, and competitive source of energy,
Gulf Coast LNG Partners, L.P. plans to develop a Liquefied Natural Gas (LNG) receiving,
storage, and regasification facility at The Port of Port Lavaca – Point Comfort,
Texas. The proposed site is on the Matagorda Ship Channel, 100 miles southwest of Houston.
The Calhoun LNG project will seek state and federal regulatory permit approval to
design and construct a facility capable of receiving,
storing, and regasifying up to 1 Billion cubic feet (Bcf)
per day of LNG. The project would ultimately consist of
two 160,000 cubic meter storage tanks with appropriately
sized separation and vaporization facilities.
The
Port of Port Lavaca – Point Comfort location was selected for this development
for many reasons which include:
- Strong support from The
Port of Port Lavaca-Point Comfort for
the development and financing of the LNG facility
- Existing
deepwater port and facilities infrastructure
- Existing
large industrial end-users in the immediate area
that desire long-term, reliable, competitive natural
gas and natural gas liquids
- Close proximity to significant
natural gas and
natural gas liquid pipelines
The Calhoun LNG project
will
provide strategic benefits to the local area
which include:
- Competitively
priced source of energy for large petrochemical companies
enhancing their economic viability and stability
as the largest employers
in the region
- Generation
of additional traffic and revenues for the port
- Significant direct and indirect job creation and job retention impacts from construction
and operation
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