August 3, 2021
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first_imgThe Hague-based energy giant Shell will supply LNG to the project under a long-term deal signed with Energía del Pacífico. Image courtesy of BW LNG Inverengy is the main shareholder of Energía del Pacífico, the company behind the LNG-to-power project currently under construction at the Port of Acajutla. A steel cutting ceremony to mark the start of the module construction was held at China’s COSCO yard on Tuesday, according to BW LNG, a unit of the Singapore-based gas shipping company BW Group. Once completed, the Wartsila module will be installed onboard Shell’s 2002-built LNG carrier Gallina that will be converted to an FSRU. Work has started on a regasification module that will be installed onboard El Salvador’s first floating and regasification unit. BW LNG signed a contract last year for the provision of an FSRU with U.S.-based private energy company Invenergy that is developing El Salvador’s first LNG-to-power project. Besides the floating LNG import facility, the project includes the construction of a 378-megawatt natural gas-fired power plant and an approximately 44-kilometer electric transmission. The project, expected to be able to meet 30 per cent of El Salvador’s energy demand, is scheduled to be operational by the end of 2021.last_img read more

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first_imgAnd as far as bridges go, in 2019, Flacco was arguably the sturdiest structure available.MORE: Details of Broncos’ trade for FlaccoAccording to ESPN, which reported the trade agreement Wednesday, Denver likely will send Baltimore a mid-round NFL Draft pick in the deal, which can’t be officially processed until the new league year begins March 13. That ESPN report’s mention of Nick Foles, Ryan Tannehill, Tyrod Tayor and Blake Bortles as QBs “expected to change teams” in 2019 helps illustrate why the Broncos are wise to make a move for Flacco in February.Foles and Taylor are expected to become free agents in March. Denver would need to pursue either in the open market, where the potential of a bidding war with another team exists. Such a pursuit also would set up the Broncos to repeat the mistake they made last year with Case Keenum, who will cost them $10 million in dead money for 2019 if released.Like Flacco, Tannehill and Bortles likely would need to be acquired via trade. Neither player’s body of work is strong enough to suggest he is a better option than the Super Bowl 47 MVP, especially if a price as low as a mid-round draft pick indeed turns out to be the compensation.Yet, for the Broncos, the biggest issue with any of the non-Flacco options in free agency or the trade market is the allowance of the question with which president of football operations John Elway has wrestled for roughly half of his managerial tenure in Denver: Is this new guy, the guy?WATCH: Flacco’s best throws of 2018 seasonThat question was asked during the 2015 season, when Denver turned to 2012 second-round draft pick Brock Osweiler as Manning missed games due to injury. Osweiler months later was signed away by Houston, where he flopped miserably as a starter before eventually returning to the Broncos as a backup.The question was asked when Denver drafted Paxton Lynch with the 26th overall pick in the 2016 NFL Draft. The Lynch project failed, and he was released by the Broncos as the 2018 season began.The question was asked when Trevor Siemian, Denver’s seventh-round draft pick in 2015, won the 2016 starting QB job over the aforementioned Lynch and veteran signee Mark Sanchez. A couple years of injury and disappointing production later, Siemian was traded to Minnesota.The question was asked last year, when Denver signed Keenum to a two-year, $36 million contract. Keenum threw 15 interceptions in 2018, tied for the second most in the league.But the question can’t be asked now. Flacco’s age won’t allow it. Flacco should not be viewed as Denver’s next attempt at QB settlement. He should be viewed as an attempt to reach the next attempt at QB settlement. The Broncos know what they’re getting in Flacco, he of an 84.1 career QB rating and 61.7 career completion percentage. This is not some sort of experiment.With that said, doubts about Flacco’s ability to produce well enough for the Broncos to compete in the AFC West are fair.What’s unfair is assuming Elway is rearing back for another swing-and-a-miss. This time, at least he knows what pitch is coming. Elway’s recent whiffs at QB have generated fair questions about whether he is capable of evaluating the position at which he became an NFL star as a player in the 1980s and ‘90s. A trade for Flacco does not answer those questions, of course, but it does buy Elway time to do so.Such a move suggests the Broncos don’t love what they see in the 2019 NFL Draft QB class. They hold the 10th overall pick, and though the Flacco trade does not take them out of the running for a passer in the draft, it does imply they know who they want their 2019 starter to be, regardless of what else happens in March or April.That could be seen as more inadequate evaluation on the part of Elway. But with names like Tua Tagovailoa and Trevor Lawrence set to become available in near-future drafts, it also could be foresight. Why take what many would consider another leap of faith with a Kyler Murray or a Drew Lock — or a Tannehill or a Taylor — when the Broncos could instead position themselves to go after what many would consider a sure bet a year or two later?MORE: Top 100 players in 2019 NFL Draftcenter_img In one regard, the Broncos’ reported agreement with the Ravens to trade for quarterback Joe Flacco is worthy of criticism. More than three years after Peyton Manning’s final game, the Flacco trade confirms Denver still does not employ what most would call a “franchise QB,” a passer capable of leading the offense for more than a few years.But for the first time since Manning’s retirement, the Broncos have a QB for which the plan should be clear. Flacco, at 34 and entering his 12th NFL season, should be viewed as nothing more than a bridge connecting Denver to its next attempt at solving football’s toughest positional riddle.last_img read more

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