March 9, 2007
Texas company wants to build floating LNG plant off Long Beach
“A small San Antonio oil and gas company has plans to jump into a big business — building a liquefied natural gas facility off the coast of Southern California. Esperanza Energy LLC, a subsidiary of Tidelands Oil & Gas of San Antonio, said Wednesday that it plans to file applications with state and federal agencies to build a floating LNG plant about 15 miles off the coast of Long Beach, Calif.
‘People say you can’t hope to build an LNP facility in California’, said Esperanza Vice President Terry Mitchell. ‘I’m out to prove them wrong’. “
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