Telfers FSRU

This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.

Sub-articles:

FrackSwarm portal Coal terminals Coal transport and infrastructure Oil and gas pipelines LNG terminals Pipeline construction costs Methodology and data notes

Telfers FSRU was a proposed LNG jetty with a floating storage regasification unit (FSRU) in the city of Colón on the Panamanian island of Telfers associated with Telfers power station. There has been no news of the project in more than four years, and it is presumed to be cancelled.

Location

The map below shows the proposed location of the FSRU in the seaport of Colón.

Loading map...

{"type":"ROADMAP","minzoom":false,"maxzoom":false,"types":["ROADMAP","SATELLITE","HYBRID","TERRAIN"],"mappingservice":"googlemaps3","width":"400px","height":"300px","centre":false,"title":"","label":"","icon":"","lines":[],"polygons":[],"circles":[],"rectangles":[],"copycoords":false,"static":false,"visitedicon":"","wmsoverlay":false,"zoom":7,"layers":[],"controls":["pan","zoom","type","scale","streetview","rotate"],"zoomstyle":"DEFAULT","typestyle":"DEFAULT","autoinfowindows":false,"resizable":false,"kmlrezoom":false,"poi":true,"cluster":false,"clustergridsize":60,"clustermaxzoom":20,"clusterzoomonclick":true,"clusteraveragecenter":true,"clusterminsize":2,"imageoverlays":[],"kml":[],"gkml":[],"searchmarkers":"","fullscreen":false,"scrollwheelzoom":false,"locations":[{"text":"","title":"","link":"","lat":9.357222,"lon":-79.898611,"icon":""}]}

Project details

• Owner: LNG Group Panama
• Parent company: LNG Group Panama
• Location: in the seaport of Colón, Panama
• Coordinates: 9.357222, -79.898611 (approximate)
• Capacity:
• Status: Cancelled
• Type: Import
• Financing: Natixis and Sumitomo Mitsui Banking Corporation (US$700 million loan)
• Start Year:

Background

Telfers FSRU was to be included in an LNG-to-power project also involving the combined cycle gas-fired Telfers power station, which was originally proposed in 2013. Panama NG Power, a subsidiary of LNG Group Panama, was unable to reach financial close on the project, and in 2017 the project experienced further financial complications, leading to cancellation of its license by Panamanian authorities. The floating storage and regasification unit (FSRU) was to allow for receiving imports, storage, regasification and distribution.

As of March 2022, the Telfers power station (now renamed Gatún power station) was expected to be supplied with gas from the onshore Costa Norte LNG Terminal. There has been no further news of the Telfers FSRU in more than four years, and the project is presumed to be cancelled.