Plaquemines LNG

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…

Venture Global LNG Inc. is working on design adjustments to its proposed Delta LNG export terminal in Louisiana, including potentially boosting capacity and adjusting its pipeline to better compete for feed gas supply, according to federal filings. In a pre-filing status update to FERC, the company said it was preparing a series of updates it…

Eight pipeline projects continue to advance in Texas and Louisiana to feed five LNG export projects that are currently under construction along the Gulf Coast.  The pipelines have all been approved and some are under construction. They would add more than 20 Bcf/d of capacity to feed liquefaction trains coming online through the end of…

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…

The Federal Energy Regulatory Commission approved Venture Global LNG Inc.’s request to expand construction activities at its Plaquemines export project in Louisiana to 24 hours/day and build additional facilities for a large workforce. The 13.33 million metric tons/year (mmty) project is expected to enter service in 2025.

As U.S. LNG exporters race to be the next project built on the Gulf Coast, natural gas demand is forecast to soar through the decade, causing near-term supply and infrastructure constraints throughout the market. Speaking at the Gulf Coast Energy Forum in New Orleans, RBN Energy LLC’s David Braziel, director of fundamental analysis, said the…

The United States is expected to keep the title as the world’s largest LNG exporter into next year after shipping out more cargoes than any other country during the first six months of 2023. U.S. exports of liquefied natural gas averaged 11.6 Bcf/d from January to the end of July, boosted by the return of…

Russia’s war in Ukraine has helped propel the next wave of U.S. LNG projects, putting the country on track to export 22.3 Bcf/d of the super-chilled fuel this decade. Since last year, the Corpus Christ Stage 3 expansion, Plaquemines and Port Arthur liquefied natural gas projects have all been sanctioned. Along with Golden Pass LNG,…

While a global banking crisis doesn’t appear to be crashing a wave of new LNG infrastructure projects just yet, finance experts say it’s adding pressure to an already tight development cycle. Through most of March, the collapse of institutions like Silicon Valley Bank (SVB) and Switzerland’s Credit Suisse captured headlines and dimmed market outlooks. During…