Meridian LNG is the developer of transatlantic Liquefied Natural Gas (LNG) shipping, regasification, and trading networks.
Port Meridian
Port Meridian (UK) and E.ON GSA – Meridian LNG acquired Port Meridian in October 2012 as a substantially permitted FSRU natural gas receiving terminal with easy access to the highly liquid and deep UK National Transmission System (NTS) in the North West of England.
In October 2012, Meridian LNG purchased the UK Port Meridian project from Höegh LNG. Port Meridian is a proposed LNG import project designed for a Höegh LNG FSRU to be connected by subsea pipeline to the national grid at Barrow-in-Furness. It is well engineered with all material permits in hand.
Located off the North West of England, next to the depleting Morcambe Bay gas fields, Port Meridian offers access to highly liquid and deep UK markets with interconnections to NW Europe. Port Meridian is designed to deliver interruptible or non-interruptible volumes directly into the deregulated UK market at an annual volume of 3.4 million mtpa via its own National Transmission System interconnection. Daily maximum peak supply from the Höegh FSRU is rated at 750 mmscfd.
On April 23rd 2015 Meridian LNG and E.ON Global Commodities SE announced a 20 year Gas Sale Agreement for the full nameplate capacity at Port Meridian. All natural gas delivered by Meridian LNG into the UK via Port Meridian is now to be sold on an exclusive basis to EON.
Latest News
May 18, 2017
GEV EQUITY INVESTMENT & PORT CAPACITY AT UK BASED PORT MERIDIAN
Dec 6, 2016
MERIDIAN LNG OFFTAKE AGREEMENT EXTENDED
Feb 1, 2016
MAGNOLIA LNG EXTENDS BINDING AGREEMENT WITH MERIDIAN LNG.
July 22, 2015
MAGNOLIA LNG SIGNS BINDING AGREEMENT WITH MERIDIAN LNG
April 23rd 2015
MAGNOLIA LNG PROJECT- TOLLING AGREEMENT UPDATE WITH MERIDIAN LNG
April 23, 2015
E.ON Global Commodities and Meridian LNG announce UK Gas Sales agreement
November 2012
Hoegh LNG Completes Sale of Port Meridian Terminal Project (UK)
Gas Supply & Liquefaction
On July 22nd 2015, Meridian LNG signed a 20 year, 1.7 million tonne per annum (mtpa) liquefaction tolling capacity agreement with LNG Limited, the developer of the Magnolia LNG facility in Lake Charles, LA (www.magnolialng.com). Meridian LNG anticipates expanding the offtake to 2.0 mtpa. Meridian LNG is also in discussions for the supply of a further 1.4 mtpa for delivery from 2020.
Direct Energy - In April 2015 Meridian LNG also signed a Gas Supply and Aggregator Services MoU with Direct Energy a subsidiary of Centrica PLC. For supply into Magnolia via the existing Kinder Morgan pipeline system. Discussions are ongoing with domestic natural gas producers with the goal of securing a large proportion of the required 300 mmscfd (million standard cubic feet of gas per day) feed gas supply at prices related to LNG offtake.