Venture Global nears launch of Plaquemines LNG production

According to a FERC filing, Plaquemines LNG has now fulfilled the environmental conditions which were necessary prior to the introduction of gas/MR/CNG/LNG to liquefaction train system block 1.

“Plaquemines LNG requests written authorization from the Director of the Office of Energy Projects (OEP) and a notice to proceed with activities associated with the scope of work described in this volume no later than November 15, 2024,” it said.

In August, Venture Global secured approval to commission the liquefaction train system block 1 with nitrogen.

The FERC granted the commissioning of the liquefaction train system block 4 with nitrogen last month, block 3 on September 30, and block 2 on September 10.

Most recently, Venture Global won approval to commission block 5 with nitrogen, a filing dated November 12 shows.

Venture Global took a final investment decision in May 2022 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.

In August, Venture Global revealed in a FERC filing that it expects to start LNG production at its Plaquemines LNG plant in the fall of this year.

Venture Global said at the time that the company’s second project had completed nearly 80 percent of its construction.

Venture Global is targeting first production of LNG this fall, with “exports of LNG on
a pre-commercial operation basis beginning soon thereafter,” it said.

The company previously said it expects the commissioning process for the Plaquemines LNG terminal to take about 24 months.