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Article: Chevron Plans Major Liquefied Natural Gas Site Off Baja California Coast.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- October 31, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Diane Lindquist, The San Diego Union-Tribune Knight Ridder/Tribune Business News
Oct. 31--TIJUANA--ChevronTexaco Corp. yesterday revealed plans to build a $650 million liquefied natural gas receiving and regasification terminal eight miles off the Baja California coast near the Coronado Islands.
"There's none like it currently in the world," ChevronTexaco Mexico LNG director Carlos Atallah said, adding that similar structures such as oil rigs have been operating offshore for decades in rougher seas.
"We're taking an existing technology, and we're using it differently," Atallah said.
ChevronTexaco decided to go off shore, he ...