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FGS Plans to Build, Operate LNG Facility

Maritime Activity Reports, Inc.

November 12, 2007

Floridian Natural Gas Storage Company (FGS) has filed an application with the Federal Energy Regulatory Commission to build and operate a liquefied natural gas (LNG) storage facility in Martin County, Fla. The facility would be located on approximately 145 acres at the site of the former Florida Steel manufacturing facility about two miles (3 km) north of Indiantown. The project would include the initial construction of one nominal 190,000 cubic meter (6.7 MMcf) LNG storage tank, liquefaction systems, vaporization systems and two parallel pipelines, one to receive gas and one to send out gas, both approximately four miles (6.4 km) in length, that would connect the facility with the regional gas infrastructure via an interconnection with Gulfstream Natural Gas System and the Florida Power and Light Company 20-inch lateral that connects to Florida Gas Transmission Company's mainline system. FGS proposes to construct the project in two phases. Commercial operation of the project's first phase is scheduled to begin in late May 2011, with LNG storage capacity of 4 Bcf, send out capacity of 400 MMscf/d and a liquefaction rate of 50 MMscf/d. Phase two of the project is expected to begin commercial operations no later than March 2016, but may be advanced to an earlier date if the market requires it. The second phase would involve the construction of a second identical LNG storage tank and additional liquefaction and vaporization capacity. [Source: http://www.energycurrent.com]

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