EXMAR to Provide Barge for Floating BC LNG Terminal
Antwerp, Belgium-based EXMAR announced that it has entered into a Letter of Intent and Term Sheet with LNG Partners, LLC to provide a Floating Liquefaction & Storage Unit (FLSU) for the Douglas Channel LNG export terminal to be located near Kitimat, British Columbia. EXMAR will design and deliver the FLSU with a name plate capacity of 0.7 MTPA (Million Tons Per Annum) in the first quarter of 2016. According to the press release, the project has already received its export permit and is on schedule to obtain all required approvals and permits by the end of 2013. This will be the world’s second Floating LNG Production Unit and the first operational LNG export terminal in Canada.