Anchored about 20 miles off the coast of New Jersey and about 30 miles off the coast of New York, the floating LNG terminal will be far from shore and away from shipping lanes, ports and recreational areas. The floating ocean terminal will not be visible from the shoreline.
The BlueOcean Energy terminal will receive liquefied natural gas (LNG) supplies from double-hulled LNG ships and store the LNG in insulated tanks inside the terminal's double hull. LNG ships will moor at the floating terminal about twice a week.
The stored LNG will then be warmed to turn it back into natural gas. The natural gas will flow to New Jersey and New York markets through a new subsea pipeline that will connect to new and existing onshore pipeline systems. Local gas utilities will distribute the natural gas to homes and businesses.
Terminal facilities will be able to deliver about 1.2 billion cubic feet per day of natural gas on an annual average basis, enough to meet the needs of more than 5 million residential customers.
BlueOcean Energy is an ExxonMobil project.
