Penco FLNG Terminal

This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor and the Center for Media and Democracy.

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Penco (Lirquén) FLNG Terminal, previously known as Octopus LNG Terminal, is an LNG terminal under development in Concepción, Chile.

Location

The terminal is planned for Region VIII's Concepción Bay.

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Project Details

• Parent: Höegh LNG
• Location: Concepción Bay, Concepción, Chile
• Coordinates: -36.683333, -73.033333 (approximate)
• Capacity: 0.6 mtpa, 0.09 bcfd
• Status: Construction
• Type: Import
• Start Year: 2019

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

The former Octopus LNG project, now known as the Penco Lirquén LNG terminal, comprises a floating storage regasification unit (FSRU) in region VIII's Concepción Bay. It is under construction and planned for 2019.

In February of 2017, LNG World News reported that the project and its accompanying onshore power plant would likely be delayed as a result of issues with the project's environmental approvals. According to Höegh LNG, start-up is now expected in the window between late 2019 and the second quarter of 2020. The project will import 600,000 mt/year of US LNG under a long-term deal with Cheniere Energy.