Fos Faster LNG terminal given go-ahead

Doris Leblond
OGJ Correspondent

PARIS, May 25 -- Following preliminary studies over 2006-09 and a public debate that took place in 2010’s second half, plans to build the Fos Faster LNG terminal at Fos-sur-Mer, France, are advancing.

Royal Dutch Shell PLC and Koninklijke Vopak NV formed the Fos Faster LNG joint venture in mid-2009 to develop the terminal (OGJ Online, July 17, 2009). Feasibility studies based on an open season, to take place during June-October, will determine the terminal’s final investment decision.

Fos Faster LNG Pres. Philippe Crakowski told OGJ that the feasibility studies would take into account the objections that arose during a public debate by forfeiting the initial plan to build the terminal on an artificial island. Instead it will be built along a deepwater jetty.

The terminal is planned to have an initial regasification capacity of 8 billion cu m/year, which could be expanded to 16 bcm/year at a later stage with the construction of a second jetty.

The initial stage would require an investment of €800 million. The terminal is slated to come on stream in early 2017, Crakowski said.



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