The company behind El Salvador’s new LNG-to-power project is expecting to choose an FSRU supplier in Q1 2018 before finalising financing in Q2 2018, Alejandro Alle, executive director of Energía del Pacífico (EDP), has said.
The regasification terminal is on track to begin operations in late 2020, Alle confirmed to participants during a webinar organised by the San Diego-based Institute of the Americas.
Shell will supply the terminal with LNG, which will be indexed to Brent crude rather than the Henry Hub benchmark, said Alle. “This is...
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