ChevronTexaco Joins Bandwagon for Baja LNG Terminal

By Published On: December 13, 2003

ChevronTexaco Corp. is pursuing construction of a liquefied natural gas facility in Baja California that, unlike other LNG facilities proposed for the region, will sit eight miles off the coast. The oil giant plans to build a floating, freestanding offshore structure?much like a large oil platform?that will receive and gasify up to 1,400 million cubic feet of natural gas a day for delivery to North America. On October 30, the company announced it had filed requisite applications with the Mexican Federal Energy Commission?Comisi?n Reguladora de Energ?a?and the country?s environmental agency, SEMARNAT. Fuel for the $650 million LNG offshore terminal will be supplied from gas fields in Australia, Venezuela, Nigeria, and Angola. ChevronTexaco recently signed a 20-year deal with an Australian group, the Gorgon Joint Venture, for 2 million tons of liquefied natural gas per year.

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