Calcasieu Pass

Venture Global LNG Inc. said Sunday it would acquire a fleet of nine liquefied natural gas tankers, becoming the first U.S. producer of the super-chilled fuel to own vessels as it continues to integrate its operations.  The vessels are currently under construction in South Korea. Six of them would have the capacity to carry 174,000…

Long-term offtakers of Venture Global LNG Inc.’s Calcasieu Pass terminal in Louisiana are again pressing FERC to make the export project developer provide information about the facility, this time targeting a request to extend the commissioning process. Earlier this month, Venture asked the Federal Energy Regulatory Commission to extend the deadline for its 10 million…

Venture Global LNG Inc. told regulators Calcasieu Pass LNG has yet to meet requirements to begin fulfilling deliveries to contract holders, pushing back against efforts from its long-term offtakers to force disclosure around the years-long commissioning process. In December, BP plc filed a request with FERC requesting it compel Virginia-based Venture Global to release confidential…

Shell plc is looking to intervene in a complaint against Venture Global LNG Inc. one of its fellow contract holders, BP plc, filed with FERC late last year. In December, BP filed a request with the Federal Energy Regulatory Commission requesting it compel Virginia-based Venture Global to release confidential information about the extended commissioning process…

BP plc has asked U.S. regulators to force Venture Global LNG Inc. to release confidential documents related to the extended commissioning process of the Calcasieu Pass export terminal, arguing that Venture Global has failed to meet FERC disclosure rules for the delayed start-up of commercial operations. BP’s filing to the Federal Energy Regulatory Commission on…

Some of Japan’s largest LNG players are voicing concern about the timeline of FERC’s authorization decision on Venture Global Inc.’s Calcasieu Pass 2 (CP2) LNG project as they try to balance the country’s long-term natural gas supply outlook. The CEOs of Inpex Corp. and Jera. Co. Inc. have penned letters to the Federal Energy Regulatory…

Venture Global LNG Inc. CEO Michael Sabel said some of the company’s long-term offtakers are attempting to undermine the new exporter’s competitive edge in pointed comments published Tuesday by the Financial Times. Sabel’s comments are some of his strongest yet in what’s become a very public dispute with offtakers that have accused the company of…

Venture Global LNG Inc. drew sharp criticism from Shell plc’s CEO on Thursday, who said the “actions of one player could potentially start to undermine confidence” in U.S. natural gas exports.  During the third quarter conference call, CEO Wael Sawan was asked about an ongoing contract dispute with Venture to deliver liquefied natural gas cargoes…

Federal energy regulators concluded in a positive final environmental impact statement (FEIS) for Venture Global Inc.’s Phase 2 expansion of Calcasieu Pass LNG (CP2) that the project could be built with limited environmental impacts. “This is a major regulatory milestone for the project that puts us on track for a Commission vote and the commencement…