Teesside WaveCrest LNG Terminal
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Teesside WaveCrest LNG Terminal, also known as Teesside Flexible Regas Port, is a liquefied natural gas (LNG) import terminal proposed in the United Kingdom.[1]
Location
The terminal is proposed to be located in Teesside, Middlesborough, England, United Kingdom.[1]
Project details
- Operator: WaveCrest Energy LLC[1]
- Owner: WaveCrest Energy LLC[1]
- Parent company: Macquarie (WaveCrest's direct parent is Macquarie Capital)[2]
- Location: Teesside, Middleborough, England, United Kingdom[1]
- Coordinates: 54.57423, -1.23496 (approximate)
- Capacity: 6 mtpa (8.2 bcm/y)[3]
- Status: Proposed[1]
- Type: Import[1]
- Start year: 2026[1]
- Cost:
- Financing:
- FID status:
- Associated infrastructure:
Background
In March 2024, WaveCrest Energy LLC announced market capacity for a proposed terminal in Teesside, England. The project could deliver up to 248.5 GWh per day of natural gas, which it said is equivalent to around 17% of the country’s natural gas demand. The facility will include onshore storage and regasification equipment and a marine jetty for unloading LNG tankers. The sponsors said that construction would take less than a year, with an anticipated start date in 2026.
According to WaveCrest Energy, "the project is classified as a Nationally Significant Infrastructure Project and will be seeking a Development Consent Order from the Secretary of State for Energy Security and Net Zero."
An existing proposal to recommission Trafigura's Teesside GasPort FSRU project was active as of April 2023.[4] As of the time of WaveCrest's proposal, it was unclear whether its project would be in any way related to Trafigura's facility.
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 wcedomains (2024-03-17). "WaveCrest Energy Announces Market Consultation for Regasification Capacity". WaveCrest Energy. Retrieved 2024-07-24.
- ↑ "Macquarie Capital and WaveCrest help deliver Germany's first privately financed LNG terminal | Macquarie Group". Macquarie. Retrieved 2024-07-24.
- ↑ "Teesside FRP". www.teesside-frp.co.uk. Retrieved 2024-07-24.
- ↑ "Trafigura Eyes Relaunch of UK LNG Import Terminal". Energy Intelligence. 2023-04-12. Retrieved 2023-10-04.