Suez Energy North America (SENA) said that its subsidiary, Calypso LNG, is pursuing
the development of a submerged buoy system off the southeastern coast of
Florida, known as a "Deepwater Port," that would serve as an offshore delivery
point for liquefied natural gas (LNG) delivered by specially-built LNG
On March 1, the company filed a deepwater port license
application with the U.S. Coast Guard, which has jurisdiction for the
permitting, operation, and security for such facilities located in federal
waters. The Calypso Deepwater Port is proposed to be located approximately
10 miles offshore from Port Everglades and will comprise a marine offloading
buoy and anchoring system that will reside approximately 150 feet below the
ocean surface when not in use.
The proposed facility will connect to an undersea pipeline
operated by another SENA subsidiary, Calypso U.S. Pipeline, that will
transport natural gas from the Deepwater Port to customers in Florida.
A similar project was proposed by an affiliate company of Calypso, Neptune
LNG, which filed a license application with the Coast Guard for a
Deepwater Port on February 15, 2005. That project will be located off the
coast of Massachusetts to serve Boston and the greater New England market.
Development of this offshore installation is within schedule and is targeted
to be up and running in 2009.
The Calypso project is proposing to replicate many of the Neptune
project's specifications in order to accelerate its licensing process and
create operational synergies.
"The overwhelming feedback we have received from
Florida customers is that they need additional, LNG-based gas supplies and
they need them as soon as possible," said Zin Smati, president and CEO of SENA. "It is our intention to meet our customers'
needs and be the first supplier of natural gas directly into the southeastern
Florida market derived from LNG. We believe our Calypso project is consistent with Governor Bush's call for
fuel diversification as outlined in his comprehensive 2006 Florida Energy
Suez is currently the only major energy company that owns and operates LNG
facilities on each side of the Atlantic Ocean--at Everett, Massachusetts,
serving the New England market, and at Zeebrugge, Belgium, serving the central
European market. An affiliate of Suez Energy International is also engaged in
a longer-term LNG terminal development project located in Freeport Harbor on
Grand Bahama Island.
"The Florida market is very important to us," said Dirk Beeuwsaert, CEO of Suez Energy International. "As our LNG supply and shipping
portfolios continue to grow, the Calypso project will increase our already
significant position in the Atlantic Basin and give us the critical mass to
serve all of our markets with a level of reliability that will be unmatched in