The site for its planned LNG bunkering facility adjacent to the Texas City Ship Channel and in proximity to the maritime centres of Texas City, Galveston, and Houston.
Galveston LNG Bunker Port, a joint venture between Seapath Group and Pilot LNG expect to announce the Final Investment Decision (FID) details of the GLBP project on Shoal Point by the second half of 2024, with operations commencing in late 2026.
“Texas City is excited to be partnering with GLBP to develop Shoal Point. Shoal Point and Texas City are an integral part of the maritime economy both in the State of Texas and throughout the US. We are very happy to have GLBP in our City and look forward to the jobs and economic opportunities that the project will bring to Texas City,” commented Texas City Mayor, Dedrick Johnson.
“GLBP is fortunate to have a collaborative partner in Texas City, and we believe this is the best possible site in the entire Galveston Bay region for our clean energy facility. Its strategic location and proximity to the key ports of Texas City, Galveston, and Houston is critical in ensuring the successful delivery of this LNG marine fuels project.,” said Jonathan Cook, CEO of Pilot LNG.
The project is designed for a two train and two tank facility producing 600,000 gallons per day. The first phase of the GLBP project is expected to produce 300,000 gallons per day of LNG for sale into the marine bunker fuel market in the Galveston Bay, and Western Gulf of Mexico region. GLBP estimates it will file applications with the necessary federal and state agencies to permit, construct, and operate the small-scale LNG terminal for marine fuel in early 2024.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Maritime News to your Google News feed.  |
