The company also has several plants in various stages of development including a second 10-MTPA phase at Plaquemines, two 10-MTPA phases at Delta and two 10-MTPA phases at CP2 next to the Calcasieu site. Venture Global is building or developing over 50 MTPA of LNG production capacity in Louisiana, including the 10-MTPA Calcasieu Pass that is expected to enter commercial service in 2022. Kiewit is engineering, procuring, constructing and commissioning a 10.7-million-tons-per-annum greenfield LNG production and export facility in Southern Louisiana. Federal Energy Regulatory Commission (FERC). Calcasieu Pass LNG Project Cameron, Louisiana. Department of Energy export authorization and final approval from the U.S. Venture Global said it has contracted 3.5 million tonnes per annum (MTPA) of the first 10-MTPA phase of Plaquemines under binding 20-year offtake agreements and has received both U.S. export projects expected to go forward this year after only one LNG export plant - Sempra Energy's (SRE.N) Costa Azul in Mexico - started construction in 2020 as the coronavirus pandemic depressed demand.Ĭurrently, 13 North American projects, including Plaquemines, have said they plan to make a final investment decision to start construction in 2021, most of which were delayed from 2020. Venture Global said on its website that it expects to make financial close on Plaquemines in mid 2021 with the plant entering commercial service in 2024.Īnalysts say Plaquemines is one of the few U.S. The joint venture, called KZJV, will install modular liquefaction trains at Plaquemines that are similar to systems being installed at Venture Global's Calcasieu Pass LNG plant in Louisiana.Įnergy analysts have estimated the cost of Calcasieu at around $4.5 billion and said it could start producing LNG in test mode as soon as late 2021. liquefied natural gas company Venture Global LNG said on Thursday that construction firm Zachry Group will work with engineering firm KBR Inc (KBR.N) in a joint venture to build the first phase of the Plaquemines LNG export plant in Louisiana. This is Venture Global’s third LNG project, with plans to further develop carbon capture and sequestration technologies at each facility.April 29 (Reuters) - U.S. 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. The plans were revealed by the company and Louisiana Governor John Bel Edwards this week. SOURCE: Venture Global Venture Global LNG will invest more than 10 billion to develop a fourth LNG export facility in Louisiana. 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. A new LNG export facility is planned adjacent to the Calcasieu Pass plant underway in Louisiana.
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