Home Business Energy Shell Opens New LNG Terminal
Energy

Shell Opens New LNG Terminal

Share
Share

Shell in partnership with Gasnor has opened  a new Liquefied Natural Gas (LNG) regasification terminal at Gibraltar.

The terminal, which will be operated by Shell’s Gasnor subsidiary will allow the British Overseas Territory to switch from diesel-fueled power generation to cleaner-burning natural gas, using a newly commissioned 80-megawatt gas-fired power plant.

Under the arrangement, LNG will be delivered to the terminal by ship twice a month and at night, minimizing disruption to the neighboring port and airport. It will be stored in five double-walled stainless-steel tanks, each able to hold 1,000 cubic meters of LNG. The first LNG cargo arrived in January to support testing and commissioning of the power plant.

“I am immensely proud that, under this government, we have made the crucial switch to cleaner power generation,” Fabian Picardo, Gibraltar’s Chief Minister, said.

“Instead of using old technology up on the skyline of the Rock, we can now look forward to at least 20 years of clean, safe, gas-fired power generation from the port. This is a wonderful step-change in technology.”

—World Maritime News

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Ardova Plc @60: We’re Committed To Energy Transition

BY GABRIEL ESEZOBOR— Poised to address the country’s diverse energy needs, Ardova...

Tinubu Hails $5 billion Deepwater Investment By Shell And Partners Investment, Says Is A Milestone Achievement For Nigeria’s Energy Sector

President Bola Ahmed Tinubu on Monday welcomes Shell and its partners’ announcement...

Shell Invests In Bonga North Deep-water project, Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell...

Oloibiri Museum: NCDMB Executes Construction Contract With Julius Berger

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday executed the...