ECOELECTRICA KEEPS POWDER DRY AT PEÑUELAS
Puerto Rico import terminal operator EcoElectrica expects to wait at least a year before applying for the go-ahead to build a second tank at its Penuelas Facility despite local demand for gas.
The company said in a filing with the US Federal Energy Regulatory Commission this week that the expansion plan remains an option for the future.
The Puerto Rico Electricity and Power Authority has meanwhile revealed a pressing need for extra supplies at its Costa Azul power plant, which will soon be fully converted to run on gas. However, EcoElectrica said that while
its current terminal capacity falls a bit short there is not enough to warrant "putting money into a second tank", according to a project source.
"I don't see it in the foreseeable future… the only thing for us is if our customer requests it to use natural gas in their own plants, and it doesn't seem like they will do it as of today."
Spain's Gas Natural Fenosa owns half of EcoElectrica with a consortium of GDF Suez-affiliate International Power and Japan's Mitsui holding the rest. GDF Suez is the principal supplier.
EcoElectrica recently doubled capacity to 186 million cubic feet per day at Peñuelas via the addition of two vertical shell and tube heat exchange vaporisers and associated equipment.