The terminal, operated by a subsidiary of El Paso Corporation, is located adjacent to the Bayou Casotte Ship Channel in the Port of Pascagoula on the Gulf Coast.
The facility, which receives, stores and regasifies – turns back into gas – imported liquefied natural gas, is contracted under 20-year firm service agreements for all of its capacity with a group of LNG producers.
The terminal includes two 160,000 cubic meter storage tanks with a total capacity of 6.6 billion cubic feet (bcf); ten vaporizers, providing a base send-out capacity of 1.3bcf/d; and five miles of 36-inch pipeline connecting to downstream pipelines owned by Gulfstream, Destin, Transco, and Florida Gas Transmission.
The pipelines provide access to the Pascagoula gas processing plant operated by BP America Production Company.
GE Energy Financial Services, directly and indirectly, controls its 50% stake in Gulf LNG while El Paso controls the other 50% interest.
