Enbridge says to deliver natural gas to Venture Global’s Plaquemines LNG plant

Canadian pipeline operator Enbridge said it would deliver natural gas to the first phase of Venture Global LNG’s Plaquemines LNG export plant in Louisiana.

US player Venture Global announced on Wednesday it has taken a final investment decision for the 13.33 mtpa project and the related pipeline after it secured $13.2 billion in project financing.

This is the first LNG project located in the US to reach financial close since Venture Global’s Calcasieu Pass facility in August 2019.

Enbridge said in a statement on Thursday that its Venice Extension Project and Gator Express Meter Project would deliver 1.5 billion cubic feet per day of natural gas to the Plaquemines LNG facility in Plaquemines Parish.

The projects generally will involve 36-inch diameter pipe, metering, and compressor station additions and improvements.

Enbridge expects to launch the Gator Express Meter Project in 2023, followed by the Venice Extension Project in 2024.

Underpinned by long-term take or pay contracts, both of the projects have a price tag of about $400 million, according to Enbridge.

- Advertisements -

Most Popular

QatarEnergy picks shipowners for 18 giant LNG carriers

LNG giant QatarEnergy has selected shipowners to own and operate 18 Q-Max LNG carriers as part of its massive...

VTTI, IKAV to take majority stake in Italy’s Adriatic LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to...

Seapeak says working on charter and other opportunities for six LNG carriers

Stonepeak's Seapeak is pursuing various opportunities relating to six of its liquefied natural gas (LNG) carriers which are scheduled...

More News Like This

Venture Global says building fleet of nine LNG carriers

US LNG exporter Venture Global LNG said on Sunday it has nine liquefied natural gas carriers on order in...

Venture Global urges FERC to act on CP2 LNG project

US LNG exporter Venture Global LNG said it is "deeply disappointed" that its proposed CP2 LNG project is yet...

Venture Global seeks more time to complete Calcasieu Pass LNG terminal

US LNG exporter Venture Global LNG has requested more time from the US FERC to complete the commissioning of...

Shell CEO: LNG Canada to start commissioning later this year

Shell’s LNG Canada terminal is more than 90 percent complete and the project is preparing to launch commissioning activities...