Houston-based Phoenix Development Company said it has awarded a front-end engineering and design (FEED) contract for its planned LNG export plant in Suriname.
Phoenix Development, in cooperation with Make a Difference Ventures (MAD), said it has engaged Dallas-based Schwob Energy Services for the Phase 1 FEED of what it says is the first gas receiving facility and LNG export plant for the Suriname-Guyana basin.
According to Phoenix Development, the firm has last year partnered with port management firm N.V. Havenbeheer Suriname to develop a deep-water port and special economic zone in Suriname.
The initial projects would cost over $2 billion and include the gas receiving facility and LNG liquefaction and export facilities, it said.
Moreover, Phoenix Development says the gas receiving facility is the landing point for offshore gas pipeline deliveries, to service the various gas consumers in the DWP & SEZ.
Establishing the required onshore facilities to accept offshore gas production is “critical” to eliminating or substantially mitigating the environmental but also economic impacts of “flaring” in the Suriname-Guyana basin.
Electric LNG terminal
Phoenix Development and partner MAD are planning an electrified LNG plant that would operate with “zero-net emissions”, maintaining Phoenix and Suriname’s commitment to “protecting the Amazon and the environment as a whole,” it said.
Also, the initial facilities would target a capacity of 4 mtpa, the firm said, adding that their design integrates liquid hydrogen production, storage and loading alongside the LNG produced at the plant.
Phoenix Development did not provide any additional information.
According to its website, the firm was formed by a group of entrepreneurs out of Texas, Suriname, the Netherlands, Curacao, New York, Miami and London, with the Featherwood Group as the leading partner.
The company’s team has worked with major energy and engineering firms including Qatar Terminals, GE, Siemens, Repsol, Bechtel, Shell, Technip, Uniper, ConocoPhillips, and others.