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Article: LNG primed for European niches.
- Article from:
- World Gas Intelligence
- Article date:
- June 8, 2005
CopyrightCOPYRIGHT 2005 Energy Intelligence Group. 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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LNG looks set to expand into new niche markets in Europe, with plans afoot for a new regional liquefaction plant in Norway, power plants in Cyprus, and LNG filling stations in the UK.
In Norway, regional power suppliers Agder, Lyse and Skagerak just launched a feasibility study into a 300,000 ton (415 million cubic meter) per year gas liquefaction plant in the western county of Rogaland. The three prospective equal owners are aiming for a final investment decision on the estimated $100 million project this autumn, for completion by 2008.
Coastal markets in southern Norway and Sweden are the targets. Norwegian shipowner Skaugen would co-own a small supply ...