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

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

More News Like This

US DOE releases LNG export study

The Biden administration said in January it will pause pending decisions on exports of LNG to non-FTA countries until DOE can...

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

DOE: two US LNG export projects must wait for FERC review

Over the past several months, DOE has received questions regarding the status of various applications to export LNG to...

US FERC to prepare supplemental EIS for Venture Global’s CP2 LNG project

In July last year, the regulator issued a final environmental impact statement for the CP2 LNG project, Venture Global’s third LNG...