Article: ChevronTexaco Given Green Light to Build First Offshore LNG Terminal in the United States; Port Pelican Receives Approval for Deepwater Port License.

ChevronTexaco Corp. today announced that its subsidiary, Port Pelican LLC, has received approval for a Deepwater Port License from the Maritime Administration of the Department of Transportation to construct, own and operate an offshore liquefied natural gas (LNG) receiving and regasification terminal, to be located approximately 40 miles off the Louisiana coastline in the Gulf of Mexico.

The development, also known as Port Pelican, will consist of an LNG ship receiving terminal, LNG storage and regasification facilities, and pipeline interconnection to existing offshore infrastructure to deliver natural gas into the United States interstate gas pipeline network ...

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