Venture Global’s Calcasieu Pass LNG plant to ship third cargo to Europe

US LNG firm Venture Global LNG is to ship the third cargo from its Calcasieu Pass plant in Louisiana to Europe, according to shipping data.

The 2019-built, 180,000-cbm Nohshu Maru, owned by MOL and chartered by Jera Global Markets, was still docked at Calcasieu Pass late on Sunday, its AIS data provided by VesselsValue shows.

Prior to arriving at Calcasieu Pass, it delivered a Freeport LNG cargo to France’s Dunkirk import plant.

According to the data, the laden vessel would soon depart to Northwestern Europe and arrive there around April 1.

However, the LNG tanker may also change its destination in the meantime.

This was also the case with the previous shipment from Calcasieu Pass, although its final destination remains in Europe.

The 2021-built, 174,000-cbm Vivirt City LNG, owned by H-Line and chartered by trader Vitol, left the Calcasieu Pass facility with the terminal’s second cargo on March 9.

However, hours after LNG Prime reported the LNG carrier’s departure, the vessel changed its course from Elengy’s Fos Cavaou terminal near the southern city of Marseille to the UK.

The LNG carrier now sails to the Milford Haven port, where the South Hook and the Dragon LNG terminals are located. Its AIS data says it would arrive in the port on March 22.

All three Calcasieu Pass cargoes heading to Europe

Besides these two shipments, the first commissioning cargo, that left the Calcasieu Pass facility on March 1, already reached Europe.

The 2021-built LNG carrier Yiannis, owned by Greece’s Maran Gas and chartered by the unit of Japan’s Jera and EDF Trading, was late Sunday located offshore Spain.

It did not disclose its final destination but it appears to be heading to France’s Dunkirk facility where EDF is one of the two largest capacity takers.

This means that all of the three LNG shipments produced by Calcasieu Pass could end in Europe as the continent looks to secure additional supplies due to the Russia-Ukraine crisis.

Calcasieu Pass produced its first LNG on January 19 while the 174,000-cbm Yiannis arrived at the export facility in early February.

After that, Venture Global won approval from FERC to ship the first commissioning cargo.

Once completed, Calcasieu Pass will produce about 10 mtpa of LNG from 18 modular units configured in 9 blocks. The plant is the seventh large LNG export facility in the US.

Calcasieu Pass has contracts with Shell, BP, Edison, Galp, Repsol, PGNiG, Sinopec’s unit Unipec, as well as CNOOC.

Most Popular

TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.

Gasunie, Vopak plan fifth Gate LNG jetty

Dutch partners Gasunie and Vopak plan to build a fifth liquefied natural gas (LNG) jetty at their Gate terminal in the port of Rotterdam.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

More News Like This

Venture Global secures $3 billion credit facility

A unit of US LNG exporter Venture Global has entered into a new $3 billion 364-day revolving credit facility to fund growth.

Venture Global expects resolution of next Calcasieu Pass arbitration case by year-end

US LNG exporter Venture Global expects resolution of the next arbitration case over LNG sales from its Calcasieu Pass plant in Louisiana by the end of this year, according to CEO Mike Sabel.

Venture Global to sign multiple LNG deals by year-end, CEO says

US LNG exporter Venture Global LNG anticipates signing multiple additional LNG supply contracts by the end of this year, according to CEO Mike Sabel.

Venture Global’s Q2 revenue reaches $4.58 billion, net income jumps

US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.