This is Venture Global’s third LNG project, with plans to further develop carbon capture and sequestration technologies at each facility. Venture Global’s first facility, Calcasieu Pass, began producing its first LNG in January 2022. The company took the final investment decision on its Plaquemines liquefaction facility in March. Worley’s Houston and Reading, Pennsylvania, offices will lead the work.Īfter signing a 20-year deal for 1.0 mtpa of LNG from CP2 with JERA, Venture Global now has over one-third of the project’s 20 mtpa capacity committed.įull notice to proceed will be issued once Venture Global sanctions the project and approval by the Federal Energy Regulatory Commission is granted. The contract includes complete EPC execution-comprising engineering, procurement, direct-hire construction, commissioning, and startup-for the low-carbon LNG terminal in Cameron Parish. 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).US liquefied natural gas (LNG) exporter Venture Global LNG has awarded Australian contractor Worley the engineering, procurement, and construction (EPC) contract for the first phase of Venture Global’s CP2 LNG project in Louisiana.Īccording to Worley, the two companies have agreed on substantive terms for the reimbursable EPC contract for the initial phase of the project and expect to finalize and sign the contract soon. 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. Arlington, Virginia Today Venture Global LNG is announcing a final investment decision (FID) and successful closing of the 13. 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. Apply for Training Coordinator - Urgent Hiring at Venture Global Lng today Apply for full-time jobs, part-time jobs, student jobs, internships and temp jobs. 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. 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. 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.
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