In the future, medium-size ships will shuttle U.S. natural gas and liquids as a single cargo to Caribbean islands and Central America from the Gulf Coast. The floating pipeline may eventually offer containers of fuels, dropped off at ports for buyers.
This future is not so distant. SeaOne Carib-bean LLC plans to make its final investment decision (FID) this November and begin delivering to its first buyer, the Dominican Republic, in mid-2020 from Gulfport, Miss.
“This has giant potential. It has the chance to become an industry standard,” said Forrest Hoglund, SeaOne Holdings LLC chairman and CEO.