Background originally estimated to cost £702m ($877m), the acajutla lng power project represents the biggest energy infrastructure investment in the history of el salvador The vessel is jointly owned by bw lng and. Located in acajutla, sonsonate department on el salvador's pacific coast, the project encompasses an offshore marine terminal with a permanently moored floating storage and regasification unit (fsru), an underground.
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The completion of the project worth about $1 billion is a “major uplift in electric reliability and lower emissions through natural gas supply to the central american region,” innvenergy said in a statement
Edp is a transformative investment in el salvador’s clean energy future
The project represents the country's largest ever private foreign direct investment and is providing clean and reliable power to meet up to 30% of el salvador's energy demand. The project involves the purchase and conversion of a liquified natural gas (“lng”) carrier (“lngc”) to a floating storage and regasification unit (“fsru”) The fsru will be permanently moored at the port of acajutla in the department of sonsonate, in el salvador, to provide liquified natural gas regasification services to energia del pacifico limitada de cv (“edp”), a 378.