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Trunkline's capacity remains underutilized. In Nov.
2006, the terminal was using about 30% of its capacity,
having received only six cargos -- four from Egypt and
two from Nigeria. Egyptian cargos started arriving at
Trunkline in April 2006. BG, the sole user (shipper)
at the Trunkline terminal, is the operator of the Idku,
Egypt liquefaction plant. Train 2 started operations
in September 2005 and is believed to be the supplier
of the Trunkline cargos. BG owns 38% of ELNG Train 2
and half of the gas it liquefies from the Sapphire field.
In early July 2006, Trunkline LNG completed Phases
I and II of its terminal expansion, increasing sustained
sendout capacity to 1.8 bcf/d and peak sendout capacity
to 2.1 bcfd. The Phase I expansion, which included a
second ship berth and a new LNG storage tank that increased
terminal storage capacity to 9 billion cubic feet, was
placed in service on April 5. The Phase II expansion
included the construction of unloading capabilities
at the terminal's second dock. |