BlueOcean Energy
Encyclopedia
BlueOcean Energy is a planned floating liquefied natural gas
(LNG) offloading and regasification terminal. It will serve the Northeastern and Mid Atlantic United States. Exxon Mobil Corporation announced BlueOcean Energy plan in December 2007.
The terminal with capacity about 9 million tonnes of LNG per annum, will be anchored approximately 20 miles (32 km) off the coast of Asbury Park, New Jersey
. It is designed to receive LNG supplies about twice a week, and store the LNG in insulated tanks before delivery to New Jersey and New York markets through a subsea pipeline that will connect to onshore pipelines. The project is estimated to cost more than US$1 billion. It will supply more than five million residential consumers.
ExxonMobil filed for regulatory approval of the project in December 2007. The procedure is expected to take between 18 months and 2 years, including receiving the necessary permits from federal and state agencies, including the Coast Guard and Federal Energy Regulatory Commission. The terminal is expected to begin service around the middle of 2010s.
Liquefied natural gas
Liquefied natural gas or LNG is natural gas that has been converted temporarily to liquid form for ease of storage or transport....
(LNG) offloading and regasification terminal. It will serve the Northeastern and Mid Atlantic United States. Exxon Mobil Corporation announced BlueOcean Energy plan in December 2007.
The terminal with capacity about 9 million tonnes of LNG per annum, will be anchored approximately 20 miles (32 km) off the coast of Asbury Park, New Jersey
Asbury Park, New Jersey
Asbury Park is a city in Monmouth County, New Jersey, United States, located on the Jersey Shore and part of the New York City Metropolitan Area. As of the 2010 United States Census, the city population was 16,116. The city is known for its rich musical history, including its association with...
. It is designed to receive LNG supplies about twice a week, and store the LNG in insulated tanks before delivery to New Jersey and New York markets through a subsea pipeline that will connect to onshore pipelines. The project is estimated to cost more than US$1 billion. It will supply more than five million residential consumers.
ExxonMobil filed for regulatory approval of the project in December 2007. The procedure is expected to take between 18 months and 2 years, including receiving the necessary permits from federal and state agencies, including the Coast Guard and Federal Energy Regulatory Commission. The terminal is expected to begin service around the middle of 2010s.