IEP involved two separate components: the installation of four ambient air vaporization units (AVUs) and the construction of a natural gas liquids extraction facility. Trunkline LNG, located in Lake Charles, Louisiana, is the only LNG regasification terminal in North America to employ ambient air vaporization technology, Southern Union said.
Utilization of the AVUs will improve fuel efficiency during the regasification process, for the benefit of Trunkline LNG’s customer BG LNG Services (BG). Additionally, the availability of a natural gas liquids extraction facility is expected to provide BG with greater flexibility in sourcing its LNG supply. The Trunkline LNG terminal is fully contracted to BG through 2030.
Eric Herschmann, president and COO of Southern Union, said: “We are extremely pleased to have placed IEP into service. This technologically advanced project showcases the leadership position that Trunkline LNG enjoys within the industry. The long-term nature of our contract with BG, coupled with the stable nature of Trunkline LNG’s cash flows, will benefit the company and its shareholders for decades to come.”
