Venture Global: roofs lifted on two CP2 LNG tanks

Venture Global announced in a brief social media post on Tuesday that its team has successfully raised the roofs of the first two LNG storage tanks at the CP2 faciltiy.

The company did not provide further details.

The first and second phases of the CP2 LNG facility feature four 200,000-cbm full containment LNG storage tanks.

Venture Global partnered with CB&I to build the tanks.

Australian engineering firm Worley recently received a full notice to proceed from Venture Global under its reimbursable EPC contract for the second phase of the CP2 LNG project.

This follows Venture Global reaching a final investment decision (FID) on the $8.6 billion second phase of the CP2 LNG project on March 13.

In July last year, Worley received a full notice to proceed from Venture Global LNG for the first phase of the CP2 LNG project.

CP2 will have a peak production capacity of 29 mtpa and has contracted to sell nearly all of its nameplate capacity on a long-term basis with customers predominantly located in Europe and Asia, according to Venture Global.

The CP2 LNG plant site is situated adjacent to Venture Global’s existing Calcasieu Pass liquefaction plant in Louisiana, which commenced commercial operations in April last year.

Phase One has a nameplate capacity of 14.4 mtpa, but following improvements, Venture believes the peak run rate production level of Phase 1 should be closer to 20 mtpa.

Including Phase two, the 36 factory-built liquefaction trains from both phases should be capable of production of 29 mtpa once completed and commissioned.

However, Venture Global expects to add approximately 13 mtpa of bolt-on capacity at both CP2 and its Plaquemines LNG plant.