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FERC Grants LNG Storage Construction Approvals to Venture Global, Tellurian – The Offtake
A roundup of news and commentary from NGI’s LNG Insight:
- Venture Global LNG has been granted permission by FERC to progress limited construction at Plaquemines LNG in Louisiana.
- Venture Global can now build the inner tanks for its LNG storage facility. The firm requested permission earlier in the month to increase its workforce and begin a 24/7 construction schedule. The 13.33 million metric tons/year first phase of Plaquemines LNG is estimated to come online sometime in 2024.
- The Federal Energy Regulatory Commission also granted approval to Tellurian Inc. to construct the outer walls and roof of its LNG storage tanks at Driftwood LNG south of Lake Charles LNG. Tellurian hasn’t made a formal final investment decision for Driftwood, but limited construction has been underway since March.
- NextDecade Corp. and Texas LNG Brownsville LLC have filed environmental analysis – including emissions modeling data – for their respective projects, Rio Grande LNG and Texas LNG.
- FERC originally granted approval for both Texas projects in 2019, but the decision was remanded back to the commission in a 2021 decision by the U.S. Court of Appeals for the D.C. Circuit. FERC requested environmental information from both firms on Jan. 6 to “address deficiencies noted in the” decision.
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