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LNG terminal Penco Lirquén (ex GNL Octopus)

Project Stages

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Early Works
Current Stage: Additional environmental evaluation
Start: 03/2017
Completion: 11/2018
In Construction
Under Construction
Start: 12/2018
Completion: 12/2021
Operation
In operation
Start:12/2021
Project Details

Description

The project comprises a floating storage regasification (FSRU) LNG port terminal. The LNG project is expected to have capacity to inject 15Mm3/d gas into the region's onshore network. The goal is to improve availability and increase supply of natural gas in Biobío region. The project involves the construction and operation of a maritime terminal island or "offshore" unit, designed for the reception, storage and regasification of liquefied natural gas (LNG). The latter process will generate compressed natural gas (CNG), which will be transported to the shore via an underwater pipeline that will connect with an overland pipeline to connect to the existing natural gas transmission and distribution system. The fuel will meet the demand of local industrial, commercial and residential customers in the region.

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Principal Works

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Key Specs

Full Name
LNG terminal Penco Lirquén (ex GNL Octopus)
Project Type
LNG, Midstream
Development Phase
Additional environmental evaluation
Project Status
Active
Project Capacity
170,000  m3 (cubic meters)  LNG
 Midstream
Investment
US$ 165mn
Completion Date
2021
Lifespan
30
Location

The terminal will be located at the commune of Penco, in Concepción province.

* The map coordinates represent the approximate latitude and longitude, and not the exact location of the project in question.


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