Castle Peak Power, HK Electric offshore LNG gas terminal approvedBusiness | 12 Apr 2019 11:46 am
The Castle Peak Power Company and The Hongkong Electric Company have been approved to build and operate an offshore Liquefied Natural Gas (LNG) terminal in the waters to the east of the Soko Islands, the government said today.
Environmental groups have opposed the massive project.
The terminal will enable a Floating Storage and Regasification Unit vessel (FSRU vessel) and an LNG carrier to be moored at a double berth jetty. The regasified LNG from the FSRU vessel will be supplied to the gas receiving stations at the Black Point Power Station and the Lamma Power Station through two separate subsea gas pipelines.
The proposed works include a double berth jetty and its associated facilities, as well as two subsea gas pipelines connecting the jetty to the BPPS and to the LPS with lengths of 45 kilometres and 18 kilometres respectively.
The total area of foreshore and sea-bed affected by the works is 68.5 hectares. The proposed works are scheduled to begin later this year and completion by 2020 or 2021.
In June last year, Mitsui OSK Lines signed a preliminary agreement with CLP Power to supply a floating storage and regasification unit to begin LNG imports in 2020. MOL plans to provide the 263,000 cubic meter MOL FSRU Challenger, the world’s largest FSRU.