New Caledonia, a French territory in the South Pacific, is joining the global liquefied natural gas boom with a plan to use the cleaner-burning fossil fuel in power generation.
The island group with a population of 280,000 is seeking suppliers for its planned Centrale Pays Project, a floating LNG terminal and 200-megawatt gas-fired power plant.
Nouvelle-Caledonie Energie, the project’s developer, is pitching for a 15-year LNG or regasified fuel contract, according to an expression of interest seen by Bloomberg.
Small buyers for LNG such as New Caledonia are popping up around the world to feed demand for the fastest-growing and ...
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