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SUEZ LNG NA
Neptune LNG LLC is developing an LNG facility approximately 10 miles off the coast of Massachusetts that will provide a substantial new supply of natural gas to a region very much in need of it.
Clean and energy efficient, natural gas has become a mainstay throughout New England for heating homes and generating electricity. During the next two decades, the region's demand for natural gas is forecast to grow by 1-2% per year. At this rate of growth, New England could face a shortfall in 2010 without new supplies of natural gas.
The Neptune project will provide an average of 400 million cubic feet of natural gas per day -- enough to serve 1.5 million homes daily. On very cold days and other periods of peak demand, Neptune can increase its delivery rate to 700 million cubic feet per day.
To learn more about the Neptune project, please see the links to the right under Related Info.
You can watch a short video about this project here (75MB MPEG Video).
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