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Venture Global LNG achieves two FERC milestones

Published by , Editorial Assistant
Tanks and Terminals,

The US Federal Energy Regulatory Commission (FERC) has issued the final Environmental Impact Statement (EIS) for Venture Global LNG’s 20 million tpy Plaquemines LNG facility in Plaquemines Parish, Louisiana. On 31 August 2018, FERC notified Venture Global LNG that it plans to issue a Final Order for the Plaquemines LNG facility and the associated Gator Express Pipeline no later than 1 August 2019. The project remains on track for a Final Investment Decision and commencement of construction in late 2019 with full commercial operations expected in 2023.

Co-CEOs Bob Pender and Mike Sabel jointly stated, “We thank FERC for their timely issuance of the final EIS, which is an important regulatory milestone for our Plaquemines project. Plaquemines LNG has a binding 20-year offtake agreement with our partner PGNiG for 1 million tpy, and we are looking forward to announcing additional commercial milestones in the near-term.”

Venture Global also announced that FERC has accepted the company’s pre-filing request for its 20 million tpy Delta LNG project, on the Mississippi River south of New Orleans, and associated Delta Express pipeline.

“Delta LNG will allow us to accommodate additional customer demand beyond Plaquemines while replicating the industry-changing, low-cost approach taken by our Calcasieu Pass and Plaquemines projects. We are excited to be under construction and in development on a total of 50 million tpy of liquefaction capacity, to bring North American natural gas to the world.”

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