Eagle LNG Partners has been authorized by the U.S. Federal Energy Regulatory Commission (FERC) to construct its proposed on-water LNG export facility in Jacksonville, Fla.
The export facility and terminal will have a production capacity of approximately 1.65 million LNG gallons per day, in addition to 12 million LNG gallons of storage plus marine- and truck-loading capabilities on-site.
According to Sean Lalani, president of Eagle LNG, the project was one of a handful of greenfield LNG project proponents to obtain their FERC Order, and the only one devoted to provisioning small-scale LNG projects in the Caribbean basin.
“Numerous independent studies have shown that sourcing LNG for power generation allows Caribbean island nations the ability to substantially reduce power costs and simultaneously reduce CO2 emissions by 30 percent to 40 percent, as compared to fuel oil and coal," noted Lalani.
The facility will cost roughly $500 million to construct and is expected to have a positive economic and employment impact for southeast Florida and the north Florida region.
“Exports in small volumes from our existing Maxville LNG facility are already providing low cost, domestically-produced U.S. natural gas as an early, stable fuel source for the Caribbean,” said Lalani. “The proposed Jacksonville LNG export facility will not only drive and create economic growth in Florida and the United States, it is crucial for the expansion of new U.S./Caribbean LNG trade opportunities.”
Upon completion of the project, Eagle LNG will provide the lowest cost LNG for bunkering in the southeast United States, as well as the Caribbean basin.
