With natural gas reserves located at some distance from natural gas markets, the global LNG industry has seen rapid changes in the last decade. Natural gas imports in the US are shifting from pipeline imports to LNG imports in order to meet increasing demand. This shift in import strategy will require the construction of new LNG import terminals and regasification facilities.
This paper also discusses the Energy Bridge, concept combining an LNG regassification vessel with a submerged offloading buoy. This concept combines proven technologies to provide a reliable alternative to onshore LNG receiving terminals.
Gulf Gateway, located in West Cameron Block 603, is the first Energy Bridge licensed under the Deepwater Port Act. It is presently under construction and due to commence operations in January 2005 in West Cameron Block 603. Details on this facility are provided.