Sycar to deliver first Ecuador LNG shipment

US-based firm Sycar is to deliver Ecuador’s first LNG ISO tank shipment as part of bigger plans which include building a small-scale import facility in the country.

According to a statement by Ecuador’s energy ministry, Sycar would import about two million cubic feet of LNG on Tuesday.

The ministry said that Sycar would deliver the ISO tank shipment directly to the final customer at the Posorja deepwater port in Guayas province, but it did not provide any additional information.

Sycar previously signed a deal with Air Flow USA to start supplying LNG via ISO containers in Ecuador.

Panama deal

The firm also recently said it had secured LNG supplies for its operations in Ecuador, as it continues to work on the country’s first import development.

It signed a deal with Colon LNG Marketing, a joint venture between US firm AES and France’s TotalEnergies, and the user of the Costa Norte LNG terminal in Panama.

Sycar did not reveal volumes or the duration of the contract. It said this agreement would allow the firm to start introducing volumes of LNG for the industrial market of Ecuador, and at the same time continue with the development of its Jambeli LNG import project.

The Miami-based firm previously said it had teamed up with an unidentified trader for what it says is the first LNG import development in Ecuador.

Also, the small-scale project with a capacity of some 0.4 mtpa includes port facilities to accommodate an FSRU which would supply regasified LNG to the Ecuadorian power and industrial markets.

Located in Bajo Alto in El Oro province, the facility would sit in the Jambeli Canal in sheltered inland waters with average water depths of about 11 meters. The terminal would cater to the natural gas needs for the southern part of Ecuador, according to Sycar.

Last year, the Ministry of Environment and Water of Ecuador has granted Sycar the final nod for the project’s environmental impact study.

- Advertisements -

Most Popular

South Korean yards built 500 LNG carriers for export in 30 years

South Korean yards have completed 500 liquefied natural gas (LNG) tankers for export since 1994, according to the Ministry...

MARAD: Delfin needs to submit amended application for FLNG project

The US Maritime Administration (MARAD) said that Delfin LNG needs to file an amended application for its floating LNG...

TotalEnergies takes FID on Marsa LNG bunkering project in Oman

French energy giant TotalEnergies has taken a final investment decision on the Marsa LNG bunkering project in Oman. Technip...

More News Like This

AES wraps up stake sale in two LNG terminals

US energy company AES has completed the previously announced sale of minority stakes in its LNG import terminals in...

AES sells stakes in two LNG terminals for $190 million

US energy company AES has agreed to sell minority stakes in its LNG import terminals in the Dominican Republic...

Sycar plans FLNG project in Venezuela

US-based firm Sycar is working on a floating liquefied natural gas (LNG) project in Venezuela and plans to supply the...

Sycar continues with Ecuador LNG deliveries

US-based firm Sycar will soon supply another liquefied natural gas shipment to Ecuador, following the first LNG ISO tank...