View non-flash version
$60 Million LNG Terminal To Be Built At Port Of Savannah Construction of a $60-million lique- fied natural gas (LNG) terminal in the Port of Savannah is expected to begin ne«t year. It will be a major link in a system planned by the Southern Natural Gas Co. of Bir- mingham, Ala., for the importation of the liquefied natural gas from Algeria. The system will cost a total of about $600 million and will supply natural gas to seven south- ern states. Cryogenic tankers, equipped to carry natural gas at a temperature so low—it liquefies 260 degrees be- low zero—will load the product at the Algerian Port of Arzew. The 900-foot tankers will be the largest vessels ever to enter the Port of Savannah. The tankers, with a draft of 36 feet and a beam of 140 feet, will dock every four or five days at the terminal to be built on an 800-acre site at Elba Island, about five miles east of the city of Savannah, on the Savannah River. The liquefied prod- uct will be discharged in storage tanks there and returned to its natu- ral state by a warming process just before it enters the pipelines. The Algerian gas and the LNG tankers will be owned by the El Paso Natural Gas Co., and Southern will serve as the distributor. The LNG ships, now under con- struction in a French shipyard, will be the equivalent in capacity of 100,000-barrel tankers. Their cargo will be converted into 500-million cu- bic feet of natural gas per day for the Southern pipelines, according to present plans, and officials of the util- ity say this figure may be increased to one-billion cubic feet. The Savannah Port Authority, which functions largely in the area of industrial development, made the arrangements for obtaining a site for the LNG terminal. The port agency said two general benefits may result from the new facility: first, the availability of this new source of energy will make Savannah a more attractive location for industry and, second, the additional traffic will strengthen future requests of the port for federally-financed harbor im- provements. First deliveries of the gas convert- ed from LNG are expected in 1975. The purchase contract is said to be the largest of its kind in the history of the United States. Construction of the Savannah LNG terminal will provide an esti- mated 1,000 jobs. Operation of the terminal itself, however, will require only about 50 workers. Olsen And Ewig Name Overseas Enterprises Carl F. Ewig and Magnus Olsen have announced that Overseas En- terprises, Inc. will handle their steamship and related maritime interests and will also act as agents for Great Lakes Transcaribbean Line, Deutsche Africa Line, India Steamship Co., D.G. "Neptun," and Sea Containers, which is an independent container leasing firm specializing in chassis, refrigerated containers, tanks, feeder container- ships and container cranes. Magnus Olsen, president, Over- seas Enterprises, Inc. also an- nounced the appointment of Thom- as F. Ewig as executive vice presi- dent of the firm, and stated that Carl F. Ewig is a member of the board of directors. Overseas Enterprises, Inc. has for years specialized in worldwide transport of bulk liquid and gas, and act as general agents for DS- Tankers, Bremen, who maintain regular chemical tanker service from U.S. Gulf of Mexico ports to the Caribbean and South Amer- ica. Pancontinental Marine Names Riebensahm VP Capt. Knut Riebensahm has been promoted to vice president of Pancontinental Marine, Inc., New York, N.Y., according to J.R. Kirsten, president of the compa-ny. Captain Riebensahm joined Pan- continental Marine, Inc. in 1969 and was appointed assistant vice president in 1970. He is in charge of Pancontinental's activities as shipyard representatives, and saile and purchase brokers. CUTS FIELD ASSEMBLY COSTS 75 YEARS OF SERVICE. . . transporting massive products and fully-assembled steel fabrications. Hughes modern fleet of barges, scows and floating equipment available on the Atlantic Coast, the Great Lakes and St. Lawrence Seaway. For economy call JAMES HUGHES, INC. 75 YEARS CLEARING I.C.C. W-463 17 Battery Place, New York, N.Y. 10004 Tel. 212 WHitehall 4-1048 HOUSE FOR MARINE DIFFICULTIES SINCE 1894 14 Maritime Reporter/Engineering News