Gibraltar, Shell ink LNG supply deal

The government of Gibraltar on Friday signed an agreement with Hague-based LNG giant Shell for the supply of liquefied natural gas for use in power generation. 

Gibraltar is a British overseas territory located on the southern end of the Iberian Peninsula, next to Spain.

The newly signed deal follows the heads of agreement signed in October 2015.

It includes the construction of a small regasification unit that will receive, store and re-gasify the LNG arriving by ship for use in Gibraltar’s adjacent gas-fired power plant, which is already under construction.

The facility will have five storage tanks with a total capacity of 5000 cubic meters of liquefied natural gas.

The regasification unit will be operated by Shell’s unit Gasnor. It will also include a berth for small-scale LNG carriers that will supply the LNG at night, minimising disruption to the neighbouring port, airport and housing estates, the government’s statement shows. According to Shell, LNG will be supplied in 14-day intervals.

There is also potential for LNG bunkering operations in the future, following the appropriate environmental assessments and safeguards.

“Following the recent approval of a robust Environmental Impact Assessment report, construction of the regasification unit is planned to start towards the end of 2016 with commissioning and first delivery of LNG expected to take place ahead of the start-up of the power plant, expected during the second half of 2017,” the statement reads.

 

Share this article

Follow LNG World News

Events>

<< Jan 2019 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year from 19-20 February 2019 in Tokyo, Japan…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >