JACKSONVILLE, Fla.,
May 23, 2019 /PRNewswire/ -- JAX LNG,
a liquefied natural gas facility located at Dames Point in
Jacksonville, Florida, held a
ribbon-cutting ceremony May 16 to
signify the official start-up of the newly constructed plant.
JAX LNG is the first small-scale LNG facility in the United States with both marine and
truck-loading capabilities. The state-of-the-art facility was
constructed through a joint venture between Pivotal LNG and
NorthStar Midstream ("NorthStar").
"Pivotal is committed to transforming the nation's energy
landscape by leading the way in how we supply liquefied natural gas
to our customers," said Tim Hermann,
president of Pivotal LNG. "One way we are doing this is through the
development of the JAX LNG facility. With our partners NorthStar,
we've implemented innovative solutions to make clean, safe,
reliable and affordable LNG available to marine and inland
customers that can be served from the port of Jacksonville. "
Liquefied natural gas is a clean, domestically produced
alternative fuel serving multiple industries to reduce emissions
and energy costs. When using LNG as a marine fuel on a well-to-wake
basis, greenhouse emissions are reduced up to 21 percent.
In addition to marine and trucking companies, the JAX LNG plant
is positioned to serve other industries, including rail, drilling,
mining, power generation, commercial and industrial.
Currently, the JAX LNG facility has the capacity to produce
120,000 gallons of LNG per day and store more than 2 million
gallons of LNG. There is room at the site to expand the facility
and add two liquefaction trains and a second storage tank which
would increase LNG production capacity to 600,000 gallons per day
and store up to 4 million gallons. JAX LNG can use its
advantaged location on the water to service its maritime customers
via LNG transport vessels.
NorthStar is owned by Oaktree Capital Management, L.P.
("Oaktree"). Jared Parker,
co-portfolio manager of Oaktree's Infrastructure Investing strategy
stated, "We believe LNG is the logical fuel choice for ships
calling on ports in the United States. We are excited to be
developing the infrastructure necessary to make this option
available for the transportation needs of companies focused on
emission reductions and meeting IMO 2020 requirements."
Tim Casey, senior vice president of
LNG, commented, "NorthStar and our owners are excited about the
partnership we have with Pivotal LNG and Southern Companies in JAX
LNG. We look forward to expanding our ability to bring
environmentally-friendly LNG as a next generation fuel to the
market".
Construction of the JAX LNG facility began in late 2016. Its
achievements thus far include the first-of-its-kind, ship-to-ship
bunkering operations in the U.S. and loading of TOTE Maritime's
Clean Jacksonville, the first LNG bunker barge built in the
U.S.
JAX LNG is also the long-term supplier of LNG to the world's
first LNG dual-fuel container ships, the Isla Bella and Perla del
Caribe, operated by TOTE Maritime Puerto Rico.
For more information about JAX LNG and LNG solutions, please
visit jaxlng.com.
About Pivotal LNG
Pivotal LNG is part of Southern
Company Gas, a wholly owned subsidiary of Southern Company (NYSE:
SO). Pivotal LNG provides liquefied natural gas to companies and
industries throughout the United
States through reliable, flexible and cost-effective
solutions. For more information, visit www.pivotallng.com.
About Southern Company Gas
Southern Company Gas is a
wholly owned subsidiary of Atlanta-based Southern Company (NYSE: SO),
America's premier energy company. Southern Company Gas serves
approximately 4.2 million natural gas utility customers through its
regulated distribution companies in four states with 774,000 retail
customers through its companies that market natural gas and related
home services. Other nonutility businesses include investments in
interstate pipelines, asset management for natural gas wholesale
customers and ownership and operation of natural gas storage
facilities. For more information, visit Southern Company Gas at
southerncompanygas.com.
About NorthStar Midstream
NorthStar is a diversified
logistics company providing flexible crude oil, sand, LNG and
refined product logistics services, including storage and
transportation solutions, to the North American energy industry.
NorthStar's assets include a 375-acre crude oil and sand logistics
transloading and transportation terminal with 500,000 barrels of
crude storage located in East Fairview,
ND, a crude oil terminal with 160,000 barrels of crude
storage located in Alexander, ND,
a 23-mile, FERC-regulated crude oil pipeline located in
McKenzie County, ND providing
access to the Dakota Access Pipeline via the terminals in
East Fairview and Alexander, a marine terminal located in
Port Comfort, TX and an LNG
production facility, marine loading dock and LNG barging operations
in Jacksonville, FL. For more
information, visit http://www.northstarmidstream.com/
About Oaktree
Oaktree is a leader among global
investment managers specializing in alternative investments,
with $119 billion in assets under management as
of March 31, 2019. The firm emphasizes an opportunistic,
value-oriented and risk-controlled approach to investments in
credit, private equity, real assets and listed equities. The firm
has over 950 employees and offices in 18 cities worldwide. For
additional information, please visit Oaktree's website
at http://www.oaktreecapital.com/.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/jax-lng---the-first-small-scale-waterside-lng-production-facility-in-the-united-states-is-operational-300856014.html
SOURCE JAX LNG