Eagle LNG Partners LLC (Eagle LNG) will establish a liquefied natural gas (LNG) receiving and regasification terminal in Aruba with WEB Aruba, the local power and water utility.
Located in the Caribbean Sea, the island country of Aruba is located about 18 miles (29 km) north of the Venezuelan peninsula of Paraguaná.
The Aruba LNG terminal will serve as WEB Aruba’s LNG receiving and regasification terminal for its Balashi power plant. The terminal will be located at Refineria di Aruba, an existing industrial location, in San Nicolas, Aruba, where LNG from Eagle LNG will be received, stored, and re-gasified with natural gas delivered to the WEB power plant.
According to WEB Aruba, using LNG for power generation takes advantage of its existing investment in dual-fuel engines, improving environmental performance while enabling the introduction of more intermittent renewable electricity generation on the island. By moving to LNG from heavy fuel oil or diesel, there will be a significant reduction in harmful emissions: 30% in CO2, 75% NOx, 90% particulates, and 99% SOx, the company said.
“We are committed to investing in the Caribbean basin and are honored to have signed an agreement for another major LNG project, this time in Aruba,” said Sean Lalani, president of Eagle LNG. “Together with recent agreements elsewhere in the Caribbean basin, including the new terminal in Antigua, this further confirms Eagle LNG as the reliable partner of choice for natural gas in the region. The LNG import terminal will result in more environmentally responsible energy supporting the addition of more renewable generation, lower operating and maintenance costs, and a stable, historically low-cost fuel supply. Alongside the economic and environmental benefits, the transition to LNG-powered generation will function as a catalyst for new economic pillars in Aruba. We look forward to being a part of Aruba for many years.”
