Construction Starts at Damerjog LNG Terminal in Djibouti

DPFZA The construction of the Damerjog liquefied natural gas (LNG) terminal in Djibouti officially started today with a groundbreaking ceremony held at the site, the Djibouti Ports & Free Zones Authority informed. According to the operator and developer of the new terminal Chinas POLY-GCL Petroleum Group Holdings Limited, a joint venture of China POLY Group and GCL Group, the phase one design capacity of the terminal is expected to handle 4 billion cubic meters of natural gas per year, equivalent to 3 million tons of LNG per year. The company added that the long term design of the USD 4 billion terminal is expected to have a capacity of 14 billion cubic meters of natural gas per year, or around 10 million tons of LNG. LNG from the Djibouti terminal will be shipped to China by 170,000 cubic meter LNG carriers, and the first cargo is expected to leave the facility in 2018. The new terminal is designed to support carriers with storage capacities ranging from 30,000 cubic meters to 267,000 cubic meters, the developer informed. World Maritime News Staff