US-based Excelerate Energy has secured approval from the US Federal Energy Regulatory Commission (FERC) for the construction and operation of the proposed Aguirre floating liquefied natural gas (FLNG) facility, offshore Puerto Rico.
With the approval, which confirms the final environmental impact statement (EIS), the proposed offshore FLNG project, known as Aguirre Offshore GasPort, will be developed in compliance with the FERC’s environmental conditions.
Excelerate CEO Rob Bryngelson said: "We are pleased to receive the order from FERC after nearly four years of extensive environmental review.
"During this time, Excelerate has not diminished its efforts to deliver the beneficial Aguirre Offshore project, nor has the company wavered in its support for PREPA’s and the Government of Puerto Rico."
The project includes construction of a floating LNG terminal featuring a floating storage and regasification unit (FSRU), infrastructure to moor the vessel, and a subsea pipeline to facilitate gas supply onshore.
The fuel from the facility will be delivered to the Puerto Rico Electric Power Authority’s (PREPA) Central Aguirre Power Complex.
PREPA interim executive director Carlos Castro said: "This project is critical for PREPA to reduce the cost of energy in Puerto Rico and to reduce the emission of air pollutants."
The project is aimed at reducing fuel cost and improving environment by enhancing air quality and reducing barge traffic in the environmentally sensitive Jobos Bay in Puerto Rico.
Excelerate along with FERC and cooperating agencies will work together in the coming months to begin construction of the project scheduled in the first quarter of 2016.
The terminal is scheduled to be commissioned in the second quarter of 2017.
Image: Illustration of the proposed Aguirre Offshore GasPort facility. Photo: courtesy of PRNewsFoto/Excelerate Energy L.P.