Pilot LNG developing Texas bunkering terminal
Houston-based Pilot LNG is moving forward with a proposed floating liquefied natural gas bunkering facility on Pelican Island in Texas.
The company said on Thursday it filled regulatory applications with relevant government agencies for the project named Galveston LNG Bunker Port.
This includes the US Army Corps of Engineers as the lead permitting agency.
Pilot LNG says the project would be the region’s first dedicated bunkering terminal.
The terminal will supply LNG fuel to one of the largest port complexes in the US, including the Ports of Houston, Texas City and Galveston.
The facility infrastructure includes floating liquefaction technology by Pilot partner, Wison Offshore & Marine.
China’s Wison will design and build the liquefaction unit that will supply LNG to the end-user market in the area.
The non-propelled unit will be 148 meters long with a capacity of around 0.5 mtpa. It will also have a c type tank with a storage capacity of 18,000 cbm.
The bunkering project includes land-based facilities such as a control room, feed gas compressor, and a pipeline.
The total project costs could reach up to $500 million.
Pilot LNG is a new player founded in mid 2019 by Jonathan Cook and Shaun Davison.
Cook co-founded US floating player Excelerate Energy and also led the Norway-based shipping company Flex LNG.
The project would provide the “necessary infrastructure to supply the growing market for LNG marine fuel, substantially reducing marine emissions and cutting shippers’ fuel costs at the same time,” Cook said.
Pilot LNG plans to take a final investment decision on the project in the second half of 2021.
Following the decision and completion of construction works, the company would launch the facility’s operations in 2024.
Pilot LNG
Pilot LNG was founded in mid 2019 by a team of experienced executives with complementary backgrounds across the natural gas, LNG midstream and downstream sectors. With a firm belief in a set of core values and a dedication to creating a customer-driven company that operates with excellence as its standard and innovation as a requirement, the Pilot LNG team provides the natural gas/LNG market a full suite of midstream services and solutions, custom designed to meet our customers' specific requirements. Our core capabilities include:
Origination & Business Development
Regulatory & Permitting Major Energy Projects
Project Management
Technical/Operations
Founders:
Jonathan Cook - Chief Executive Officer
Co-founder of Excelerate Energy in 2003 and served as the company’s Chief Operating Officer. Jon managed the development of Excelerate Energy’s portfolio of successful floating storage and regasification unit (FSRU) projects, expanding the company’s fleet to nine (9) FSRUs and growing EBITDA to roughly $300 million.
CEO of FLEX LNG Ltd where he brought the company into operation with six LNG carriers and was responsible for raising over $500 million in capital for the acquisition of four newbuild LNG carriers.
Chief Marketing Officer of TMS Cardiff Gas where he was responsible for the marketing of five LNG carriers.
Shaun Davison - Chief Development Officer
Shaun has a proven track record originating successful LNG projects across the value chain including several FSRU projects while at Excelerate Energy and NextDecade.
FSRU projects include Argentina, Israel, Pakistan, Ireland, UK, Bangladesh.
LNG export project development includes Brownville, TX, Texas City, TX, Port Lavaca, TX.
Shaun has 25 years’ experience in the energy industry, with expertise in the natural gas value chain: pipelines, underground storage, US and global markets, LNG terminals and LNG shipping.
Proven abilities in strategic planning, project management and business development
Original source: https://pilotlng.com/about
