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LNG may once more arrive on Scottish shores [Global Gas Perspectives]
Summary
The project’s developer cites growing local gas demand, North Sea production decline and the UK’s need to reduce reliance on pipeline imports.
by: NGWScotland has a strong case to once more host its own LNG import terminal, the developer behind the project tells NGW, citing growing local gas demand, declining North Sea production and the need to reduce reliance on pipeline imports from Europe that are costly and have limited availability.
Crown LNG, a Norwegian company listed in the US, primarily focuses on developing LNG facilities mounted on fixed gravity-based structures (GBSs) in harsh weather conditions. For its project off Scotland’s industrial hub of Grangemouth, though, it is opting for a floating regasification and storage unit (FSRU) as a faster solution, targeting its launch by the end of 2027.
“These GBSs take at least five years from start of permitting through construction,&rdqu…