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re: Lnglf.....who has been stocking up?
Posted on 7/2/14 at 9:10 pm to sneakytiger
Posted on 7/2/14 at 9:10 pm to sneakytiger
Yeah, nobody is even close to how far along Cheniere is. They've been working for over 2 years. They were making construction commitments prior to having their permits in hand. Nobody else has made that kind of commitment.
The next closest to begin construction would be Cameron LNG previously known as SEMPRA.
One of the biggest things that keep these sites from beginning construction prior to having permits in hand is the cost of site prep is much higher than normal facilities. This being due to the fact that most of them are on substandard ground and a long way from the existing borrow pits. That drives site prep pricing much higher than normal.
The Magnolia site sits on the dredge spoil that was deposited from the dredging of the turning basin for Trunkline LNG. That area will get really crowded if all of these facilities get built. You would have a large expansion of Trunkline, construction of G2X and Magnolia construction taking place at the same time.
Getting back to Magnolia, I read an article about LNG liquefaction plants and it stated that construction costs in the gulf coast were half to a third as compared to Australia. They've already done the feed for a sister project in Queensland and it seems as if they think they can utilize a lot of that info to shorten the FEED time.
The next closest to begin construction would be Cameron LNG previously known as SEMPRA.
One of the biggest things that keep these sites from beginning construction prior to having permits in hand is the cost of site prep is much higher than normal facilities. This being due to the fact that most of them are on substandard ground and a long way from the existing borrow pits. That drives site prep pricing much higher than normal.
The Magnolia site sits on the dredge spoil that was deposited from the dredging of the turning basin for Trunkline LNG. That area will get really crowded if all of these facilities get built. You would have a large expansion of Trunkline, construction of G2X and Magnolia construction taking place at the same time.
Getting back to Magnolia, I read an article about LNG liquefaction plants and it stated that construction costs in the gulf coast were half to a third as compared to Australia. They've already done the feed for a sister project in Queensland and it seems as if they think they can utilize a lot of that info to shorten the FEED time.
Posted on 7/23/14 at 9:55 am to cantfindausablename
looking good in the neighborhood.
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