Shannon Lng will operate the upcoming Shannon Floating LNG regasification terminal, proposed to be built in Munster in Ireland. According to GlobalData, who tracks more than 1,100 active and developing LNG terminals worldwide, the terminal is expected to start operations in 2024 and will be owned by New Fortress Energy. Buy the profile here.
The Shannon Floating LNG regasification terminal has a proposed regasification capacity of 219.04bcf/annum (billion cubic feet) and storage capacity of 0.37 million tons (Mt).
Subsequent expansion at the Shannon Floating regasification terminal will increase its capacity by 145.59bcf/annum.
During the period 2021-2025, the Shannon Floating regasification terminal is expected to witness an estimated capex of $523.55m.
For more details on the Shannon Floating LNG Regasification Terminal, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
