Proposed Chevron LNG Plant Clears First Hurdle
ChevronTexaco Corp. is set to clear the first hurdle in its bid to build a $650 million offshore LNG terminal off Mexico's Pacific coast. Construction could begin as early as April.
Mexico's Energy Regulating Commission expects to award Chevron a permit to build a plant near the Coronado Islands, 8 miles off the Baja California coast. Chevron still needs to obtain environmental and land use permits for construction of the facility, which is expected to have a capacity of 700 MMcfd.