Venture Global preparing Plaquemines LNG site ahead of FID

US firm Venture Global LNG said it has started works to prepare the construction site for its planned Plaquemines LNG project in Louisiana.

“Plaquemines LNG began construction on the terminal site on August 18, 2021,” Venture Global LNG’s unit and the developer of the plant said in its monthly construction report sent to US regulators.

Work consisted of improving the existing driveway, installing the silt fence perimeter, and site mowing, according to the report dated September 7.

However, the firm had to stop these activities on August 27 as Hurricane Ida approached the Louisiana coast west of the site. The hurricane made landfall two days later, bringing heavy rainfall to the terminal site, it said.

“Work will not resume until early September when terminal site conditions improve,” the report said.

Plaquemines LNG would deploy Venture Global’s liquefaction trains 19 through 36, identical to the 18 trains currently being delivered and installed at Venture Global’s Calcasieu Pass project.

The full project would have 20 mtpa capacity, four tanks, and three jetties.

However, the firm has still to take a final investment decision on the development.

According to Venture Global’s website, the firm plans to take a final investment decision on Plaquemines LNG in the fourth quarter of this year. Commercial operations could start in 2024.

Earlier this year, Venture Global said compatriot Zachry Group has joined KBR to build its Plaquemines LNG project.

The firm selected engineer KBR as the lead contractor for the LNG export development in November last year.

Additionally, Plaquemines LNG has binding 20-year offtake agreements with Poland’s PGNiG for 4 mtpa and France’s EDF for 1 mtpa capacity.

Venture Global has recently signed a deal with PGNiG to boost the volumes from both the Plaquemines and the Calcasieu Pass projects.

Most Popular

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.

Himalaya’s LNG-fueled bulkers earned $34,500 per day in June

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $34,500 per day in June.

More News Like This

Venture Global, SEFE seal new 20-year LNG supply deal

US LNG exporter Venture Global LNG has signed a 20-year LNG supply contract with German gas importer Securing Energy for Europe (SEFE) for volumes from the CP2 project in Louisiana. With this deal, SEFE bought more LNG from Venture Global's CP2 project.

Venture Global shipped 89 LNG cargoes in Q2

US LNG exporter Venture Global LNG shipped a total of 89 LNG cargoes from its Calcasieu Pass and Plaquemines LNG export terminals in the second quarter of this year.

Venture Global’s Plaquemines LNG wraps up $4 billion notes offering

Venture Global's unit Plaquemines LNG has closed a $4 billion offering of senior secured notes.

Venture Global, Petronas seal 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a 20-year LNG supply contract with Malaysian energy giant Petronas for volumes from the CP2 project in Louisiana.