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Article: Shell Gas & Power Proposes Project in Baja California.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 28, 2002
CopyrightCOPYRIGHT 2002 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
Mar. 28--A unit of the Royal Dutch/Shell Group yesterday became the fourth company to formally announce that it will develop a liquefied natural gas project in Baja California to supply fuel to customers on both sides of the border.
Shell Gas & Power, the corporation's project development and operating entity, said it will spend $500 million to build a receiving terminal and re-gasification facility north of Ensenada, probably in a pristine coastal zone near the Bajamar golf resort.
The project, expected to start operating in 2006, would produce 1.3 billion ...