April 8, 2003


Description

ChevronTexaco has submitted a Deepwater Port license application for an LNG terminal, Port Pelican, in the Gulf of Mexico. The project manager is Richard Lamb. The development, also known as Port Pelican, would consist of an LNG ship receiving terminal, LNG storage and regasification facilities, and pipeline interconnection to existing infrastructure to deliver natural gas into the United States interstate gas pipeline network. Audie Setters, general manager of ChevronTexaco Overseas Petroleum's International Gas Group, said the Port Pelican project is evidence of ChevronTexaco's long-term commitment to supplying safer, cleaner and more efficient sources of energy to North America. 'We are excited about the prospects for growth of the natural gas business and this LNG receiving and regasification terminal is integral to the company's larger natural gas strategy,' he added. ChevronTexaco plans to construct phase one of Port Pelican as an offshore facility, initially designed to process approximately 800 million standard cubic feet of gas per day (MMSCFD). The facility would connect to ChevronTexaco's extensive offshore infrastructure to deliver natural gas to the United States Gulf Coast. Using existing gas supply and gathering systems in the Gulf of Mexico and Southern Louisiana, gas would then be delivered to shippers using the national pipeline grid. Phase two would expand the terminal to accommodate a total of 1600 MMSCFD.
Guest who have NOT made a reservation online will be charged an additional $5.00 at the door of the event. Walk-ins are first come first serve and are not guaranteed admittance to the event.

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Speaker




Organizer

Dianne Follis


Date and Time

Tue, April 8, 2003

11:30 a.m. - 1:30 p.m.
(GMT-0500) US/Central

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Location

Petroleum Club, 800 Bell Street