Calcasieu Pass

Calcasieu Pass LNG Reportedly Delays Commercial Service Again – The Offtake

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.

July 14, 2023

Energy Transfer Looks to Select Contractor for Lake Charles LNG Pipeline By End of Month – The Offtake

A roundup of news and commentary from NGI’s LNG Insight Energy Transfer LP is looking to select an engineering, procurement and construction contractor by the end of June for its Trunkline Pipeline system project intended to feed Lake Charles LNG, the company reported in a recent filing to the Federal Energy Regulatory Commission. The project…

June 16, 2023
Repsol Pushes FERC for More Transparency on Prolonged Commissioning at Calcasieu Pass LNG

Repsol Pushes FERC for More Transparency on Prolonged Commissioning at Calcasieu Pass LNG

Repsol SA continues to push U.S. regulators for access to confidential documents filed by Venture Global LNG Inc. detailing the prolonged commissioning process at the Calcasieu Pass export terminal that has delayed commercial operations and the delivery of cargoes under long-term contracts. In April, Madrid-based Repsol filed a motion to participate in FERC’s ongoing oversight…

June 7, 2023
Natural Gas Forward Prices Slide Further as Rising LNG Demand No Match for Milder Weather

Natural Gas Forward Prices Slide Further as Rising LNG Demand No Match for Milder Weather

The selloff continued for the majority of U.S. natural gas forward markets in the final week of March as production proved too lofty amid declining weather-driven demand and healthy inventory levels.  The April contract rolled off the board between 10 and 20 cents lower, while the May contract – which took over the prompt-month position…

March 31, 2023
‘Good Time’ for Global LNG as Customers Ready to Talk, Says Baker Hughes CEO

‘Good Time’ for Global LNG as Customers Ready to Talk, Says Baker Hughes CEO

Baker Hughes Co. generated record orders in the fourth quarter, driven by “multiple awards” for  LNG and offshore production equipment, CEO Lorenzo Simonelli said Monday. In a conference call to discuss quarterly and full-year earnings, the CEO noted that operationally, the Houston-based oilfield services (OFS) giant “continues to navigate challenges” in “different parts of the…

January 23, 2023
Energy Transition to Bring More Volatility, Opportunity for Natural Gas Firms, BP’s Alvarez Says

Energy Transition to Bring More Volatility, Opportunity for Natural Gas Firms, BP’s Alvarez Says

BP plc’s Orlando Alvarez, head of gas and power trading in the Americas, sees natural gas and other energy markets heading further into “unprecedented times” of market volatility and regulatory uncertainty, but those changes don’t all have to be challenges for the industry. During a keynote address at LDC Gas Forums’ Gulf Coast Energy Forum…

October 19, 2022
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