Calcasieu Pass

Venture Global Clinches 2 MMty Agreement with ExxonMobil for Louisiana LNG Projects

Venture Global Clinches 2 MMty Agreement with ExxonMobil for Louisiana LNG Projects

Venture Global LNG Inc. is progressing its planned liquefied natural gas (LNG) projects in Louisiana after securing twin offtake agreements with an ExxonMobil affiliate. The Arlington, VA-based company inked two 20-year sale and purchase agreements (SPA) for a combined 2 million metric tons/year (mmty) with ExxonMobil Asia Pacific Pte Ltd. The affiliate may split the…

May 10, 2022
Louisiana LNG Departs for Global Market Uneasy Over Ukraine

Louisiana LNG Departs for Global Market Uneasy Over Ukraine

The first cargo of liquefied natural gas (LNG) has departed the Calcasieu Pass export terminal in Louisiana, providing additional American supplies to a tight market uneasy about war in Ukraine.  Venture Global LNG Inc., which owns Calcasieu Pass, said a subsidiary of Jera Co. Inc. chartered the Greece-flagged vessel Yiannis to load the first cargo.…

March 1, 2022
Venture Global Gets OK to Load First LNG Commissioning Cargo

Venture Global Gets OK to Load First LNG Commissioning Cargo

FERC has authorized Venture Global LNG Inc. to load its first liquefied natural gas (LNG) export cargo from its Calcasieu Pass terminal in Louisiana.  The Federal Energy Regulatory Commission cleared the terminal’s first commissioning cargo Friday, one week after the company requested authorization to load an LNG tanker on or after February 9.  The Greece-flagged…

February 11, 2022
Venture Global Ready to Load First Commissioning Cargo at Calcasieu Pass Terminal

Venture Global Ready to Load First Commissioning Cargo at Calcasieu Pass Terminal

Venture Global LNG Inc. on Thursday requested FERC authorization to load the first liquefied natural gas (LNG) export cargo from its Calcasieu Pass terminal in Louisiana as early as February 9. The company filed its request a day after revealing in a status report submitted to the Federal Energy Regulatory Commission that it produced first…

February 4, 2022
Natural Gas Flows to Calcasieu Pass LNG Reach New Highs

Natural Gas Flows to Calcasieu Pass LNG Reach New Highs

Venture Global Inc.’s Calcasieu Pass liquified natural gas (LNG) terminal in Cameron Parish, LA, has seen flows balloon to new highs as it continues to inch toward a predicted start-up this year. NGI’s U.S. LNG Export Flow Tracker showed feed gas deliveries on Friday were nominated at 87.28 MMcf. Flows through the TransCameron Pipeline have…

January 24, 2022

Calcasieu Pass LNG Ready for Initial Commissioning — The Offtake

A roundup of news and commentary from NGI’s LNG Insight  Venture Global Inc. has requested authorization from FERC to commission its first block of smaller, modular liquefaction trains at the Calcasieu Pass LNG terminal in Louisiana. The company requested that commissioning be allowed to begin by Friday (Oct. 29).  FERC has granted Cheniere Energy Inc.…

October 26, 2021
Cheniere Cleared to Introduce Feed Gas at Sabine Pass Expansion

Cheniere Cleared to Introduce Feed Gas at Sabine Pass Expansion

Cheniere Energy Inc. has received permission from federal regulators to introduce feed gas to the sixth train at its Sabine Pass liquefied natural gas (LNG) terminal in Louisiana, raising the likelihood that U.S. exports will increase further by year’s end.  The Federal Energy Regulatory Commission granted Cheniere’s Sept. 15 request to introduce feed gas for…

September 24, 2021
Natural Gas Futures Start Week with Big Rally After Volatile Session; Cash Strengthens

Natural Gas Futures Start Week with Big Rally After Volatile Session; Cash Strengthens

Big fluctuations continued along the Nymex natural gas futures curve early Monday as traders wrestled with hotter shifts in the latest weather models and a step up in production. The September contract, which rolls off the board later this week, settled at $3.945, up 9.4 cents on the day. October also picked up 9.4 cents…

August 23, 2021
Freeport LNG CEO Questions Growing Reliance on Spot Cargoes After Volatile Winter

Freeport LNG CEO Questions Growing Reliance on Spot Cargoes After Volatile Winter

The cold snap earlier this winter in Asia and Europe that sent prices skyrocketing and buyers scrambling for liquefied natural gas (LNG) cargoes was an indication that the global market is becoming too reliant on spot deliveries, said Freeport LNG CEO Michael Smith.  “There’s been an overreliance on spot cargoes in our industry,” he said…

March 4, 2021

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Venture Global Inc. reported “minimal” damage at Calcasieu Pass LNG terminal construction site in Cameron, LA. Hurricane Laura passed directly over the project. Storm protection system, including a perimeter wall and water pumping system helped mitigate impacts, company said.  Venture is working with its contractor…

August 28, 2020