![]() ![]() Venture Global has entered long-term agreements to sell LNG to units of several companies around the world, including China National Offshore Oil Corp (CNOOC), China Petroleum and Chemical Corp (Sinopec) (600028.SS), Royal Dutch Shell PLC (SHEL.L), BP PLC, Edison SpA (EDNn.MI), Galp Energia SGPS SA (GALP.LS) and Polish Oil and Gas Co (PGNiG). liquefied natural gas (LNG) company Venture Global LNG received permission on Tuesday from federal energy regulators to commission the fourth liquefaction block at. Venture Global has already started early site work on the $8.5 billion Plaquemines project, which analysts expect to start producing first LNG around 2024. In total, Venture Global has about 70 MTPA of LNG export capacity under construction or development in Louisiana, including the 10-MTPA Calcasieu Pass, 20-MTPA Plaquemines, 20-MTPA Delta and 20-MTPA CP2. ![]() Analysts estimate the plant cost about $4.5 billion.įERC has already approved the commissioning of three blocks - Tuesday's approval makes four. ![]() ![]() Recommended training for members: Heavy equipment operation. Venture Global is installing 18 modular liquefaction trains configured in nine blocks at Calcasieu to produce about 10 million tonnes per annum (MTPA) of LNG, equivalent to about 1.5 billion cubic feet per day of natural gas. local hiring person, training coordinator or union representative, who you. Officials at Venture Global have not yet said whether the Yiannis would be the first tanker to pick up LNG at the facility.Īfter pulling in feed gas from pipelines since around August to test equipment, according to Refinitiv data, Venture Global said Calcasieu started producing LNG around Jan. Federal Energy Regulatory Commission (FERC) to load the first commissioning cargo from Calcasieu on or after Feb. Last week, Venture Global sought permission from the U.S. Some foundation customers of Venture Global LNG's Calcasieu Pass want the operator to declare the Louisiana export facility ready for commercial service soon to allow their long-term contracts containing a fixed liquefaction fee to kick in, amid high spot prices, market sources said. liquefied natural gas (LNG) company Venture Global LNG received permission on Tuesday from federal energy regulators to commission the fourth liquefaction block at the company's Calcasieu Pass LNG export plant in Louisiana.Ī tanker, the Yiannis, arrived on Monday near Calcasieu and could be first vessel to pick up a cargo from the facility, according to data from Refinitiv. The firm requested permission earlier in the month to increase its workforce and begin a 24/7 construction schedule. ANR SE: -0.055 ANR SW: -0.025 Agua Dulce: -0.025 Algonquin Citygate: -1.200 Alliance: -0.080 CIG: 0.070 CIG DJ Basin: 0.055 Carthage: 0.135 Cheyenne Hub: 0.055 Chicago Citygate: -0.040 Columbia Gas: -0.070 Columbia Gulf Mainline: -0.130 Columbia Gulf onshore: -0.070 Consumers Energy: -0.075 Dawn: -0.075 Defiance: -0.035 Eastern Gas South: -0.030 El Paso Permian: 0.010 Emerson: -0.090 Empress: -0.010 Henry Hub: 0.010 Houston Ship Channel: -0.040 Iroquois, Waddington: -0.125 Malin: 0.250 Michigan Consolidated: -0.085 NOVA/AECO C: -0.055 Northwest Sumas: 0.235 OGT: 0.060 PG&E Citygate: 0.455 Panhandle Eastern: 0.000 Questar: 0.245 REX Zone 3 Delivered: -0.030 SoCal Border Avg.: 0.265 SoCal Citygate: -0.150 Southern Natural: -0.010 Stanfield: 0.245 Tenn Zone 4 200L: -0.040 Tenn Zone 6 200L: -0.630 Tennessee Zn 4 313 Pool: -0.080 Tennessee Zn 4 Marcellus: -0.040 Tennessee Zone 0 North: -0.040 Tennessee Zone 0 South: -0.055 Texas Eastern M-3, Delivery: 0.010 Texas Gas Zone 1: -0.020 Transco Zone 4: 0.015 Transco Zone 6 NY: 0.015 Transwestern: 0.025 Transwestern San Juan: 0.245 Ventura: -0.070 Waha: -0.005 Westcoast Station 2: 0.020 White River Hub: 0.Feb 8 (Reuters) - U.S. Venture Global can now build the inner tanks for its LNG storage facility. ![]()
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