Venture Global: roof lifted on third Plaquemines LNG tank

US LNG exporter Venture Global LNG has completed raising the roof on the third storage tank at its Plaquemines LNG export plant in Louisiana.

Venture Global announced the completion of this milestone in a short social media post on Tuesday.

The firm completed raising the roof on the second tank in April and the first tank in February.

McDermott’s unit CB&I won a contract from a unit of Venture Global to build the first two LNG storage tanks as part of the first phase. The second phase includes two tanks as well.

Venture Global previously said the roof of the first tank weighs 900 tons and is 294 feet (89.6 meters) in diameter.

Air raising allows for better and safer access as well as a faster construction schedule, as the roof can be erected concurrently with the shell.

Eventually, the tank will have an inner tank made from 9 percent nickel alloy and outer wall and outer roof made from concrete, it said.

Venture Global took a final investment decision in May last year 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 this 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.

Venture Global’s Plaquemines LNG plant recently received its first liquefaction modules.

Baker Hughes ships these modular units to the US from its manufacturing facility in Italy, the same as the firm did for Venture Global’s Calcasieu Pass project.

Venture Global hopes to start exports of LNG from the plant as soon as late 2024 and to complete the construction of both phases of the project by the end of 2026.

Most Popular

Brunei LNG, PetroChina ink SPA

LNG producer Brunei LNG has signed a sales and purchase agreement with a unit of PetroChina.

CFO: Shell on track to ship first LNG Canada cargo in middle of 2025

LNG giant Shell remains on track to deliver the first liquefied natural gas cargo from its LNG Canada export terminal in Kitimat in the middle of this year, according to Shell's finance chief, Sinead Gorman.

Venture Global secures $3 billion bank loan for CP2 LNG

US LNG exporter Venture Global LNG has secured a $3 billion bank loan facility for its proposed CP2 LNG project in Louisiana.

More News Like This

Venture Global secures $3 billion bank loan for CP2 LNG

US LNG exporter Venture Global LNG has secured a $3 billion bank loan facility for its proposed CP2 LNG project in Louisiana.

Venture Global to introduce gas to tenth Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the tenth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

Venture Global LNG wraps up $2.5 billion senior notes offering

Venture Global LNG's unit, Plaquemines LNG, has closed its $2.5 billion offering of senior secured notes.

Venture Global launches Calcasieu Pass LNG commercial ops

US LNG exporter Venture Global LNG has launched commercial operations at its Calcasieu Pass LNG terminal in Louisiana, some 68 months from its final investment decision and 38 months after production start.