This story requires a subscription
This includes a single user license.
The 2021-built 174,000-cbm, Isabella, was on Friday located in the North Atlantic Ocean, offshore Bahamas, after picking up a cargo at the Plaquemines LNG facility earlier this week, its AIS data shows.
This LNG carrier is owned by Greece’s Maran Gas and chartered by Norway’s Equinor.
The data shows that the LNG carrier is expected to arrive in Europe around January 27.
Venture Global sent the first commissioning cargo from its Plaquemines plant on December 27, 2024, and this shipment was recently delivered to Germany’s Wilhelmshaven. Germany’s EnBW bought this cargo.
Besides this shipment, Venture Global shipped the second commissioning cargo from its Plaquemines plant earlier this month.
Venture Global’s 174,000-cbm newbuild carrier, Venture Gator, was sailing in the English Channel offshore France on Friday.
The final destination is currently not available.
In addition to these shipments, Venture Global appears to be loading the fourth commissioning cargo at the Plaqqumines LNG plant.
The 2018-built 174,000-cbm, Flex Rainbow, was on Friday located at the facility in Port Sulphur, its AIS data shows.
Eighth US LNG export facility
Plaquemines LNG is the eighth US LNG export facility.
Venture Global said in its recent IPO statement it is targeting a COD (commercial operations date) for the Plaquemines project in the third quarter of 2026 for Phase 1 and the second quarter of 2027 for Phase 2.
In May 2022, Venture Global took a final investment decision on the first phase of the Plaquemines project with a capacity of 13.3 mtpa and the related pipeline. It also secured $13.2 billion in project financing.
In March last year, the company sanctioned the second phase of the Plaquemines LNG export plant in Louisiana and also secured $7.8 billion in project financing.
The full project, including the second stage, will have a capacity of 20 mtpa coming from 36 modular units, configured in 18 blocks.
Each train has a capacity of 0.626 mtpa.