A roundup of news and commentary from NGI’s LNG Insight

  • Venture Global LNG Inc. reportedly won’t start commercial operations at its Calcasieu Pass export terminal in Louisiana until the end of 2024, delaying cargoes it’s required to load for long-term customers until it reaches that milestone, according to Bloomberg. The report cited anonymous sources to say the previous delay would be extended by nearly a year.
  • As commissioning has continued, Calcasieu has loaded roughly 160 caroges for sale into the spot market, where prices have at times been far higher than the company would earn under contracts with customers. Problems with the facility’s power island and heat steam recovery generator have prevented commercial service from starting and the obligations to load cargoes...