Teesside WaveCrest LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Teesside WaveCrest LNG Terminal, also known as Teesside Flexible Regas Port, is a proposed LNG import terminal in United Kingdom.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Teesside WaveCrest LNG Terminal | Middlesbrough, United Kingdom[1] | 54.57423, -1.23496 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Teesside WaveCrest LNG Terminal | import[1] | proposed[2] | 6 mtpa[3] | 6.0 mtpa | False | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Teesside WaveCrest LNG Terminal | import[1] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Teesside WaveCrest LNG Terminal | import[1] | proposed[2] | 2024[2] | – | 2025[3] | –[2][2] | – |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Teesside WaveCrest LNG Terminal | import[1] | proposed[2] | WaveCrest Energy LLC [100%][4] | Macquerie [100.0%] | WaveCrest Energy[1] |
Background
In March 2024, WaveCrest Energy LLC announced market capacity for a proposed terminal in Teesside, England. The project could deliver up to 248.5 GWh per day of natural gas, which it said is equivalent to around 17% of the country’s natural gas demand. The facility will include onshore storage and regasification equipment and a marine jetty for unloading LNG tankers. The sponsors said that construction would take less than a year, with an anticipated start date in 2026.
According to WaveCrest Energy, "the project is classified as a Nationally Significant Infrastructure Project and will be seeking a Development Consent Order from the Secretary of State for Energy Security and Net Zero."
An existing proposal to recommission Trafigura's Teesside GasPort FSRU project was active as of April 2023.[5] As of the time of WaveCrest's proposal, it was unclear whether its project would be in any way related to Trafigura's facility.
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 https://wavecrestenergy.com/tfrp/.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 2.5 https://tanknewsinternational.com/wavecrest-energy-announces-market-consultation-for-regasification-capacity/.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 https://www.teesside-frp.co.uk/index.php?contentid=141.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.macquarie.com/au/en/about/news/2023/macquarie-capital-and-wavecrest-help-deliver-germanys-first-privately-financed-lng-terminal.html.
{{cite web}}: Missing or empty|title=(help) - ↑ "Trafigura Eyes Relaunch of UK LNG Import Terminal". Energy Intelligence. 2023-04-12. Retrieved 2023-10-04.
