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Region set to become LNG import 'gateway'.

Europe Intelligence Wire

| November 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

MILFORD Haven and Port Talbot are positioning themselves as gateway ports for liquefied natural gas traffic into Britain as the region moves to become a net importer of natural gas.

Two LNG terminals are being developed along the Haven. Dragon LNG, a joint venture between British Gas, Petroplus and Petronas, will convert the existing Petroplus site near Milford Haven into a terminal with an annual capacity of 3.5m tonnes of LNG a year.

And Qatargas, a joint venture between Qatar Petroleum and ExxonMobil is to convert the former Esso refinery near Milford Haven into a terminal to handle up to 7m tonnes of imported LNG a year. Milford Haven Port Authority says the two terminals will handle around 30% of national LNG imports.

Qatargas and Esso recently awarded their ...

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