Plaquemines

Tetco Natural Gas Pipeline Expansions to Feed Newly Sanctioned Plaquemines LNG Facility

Tetco Natural Gas Pipeline Expansions to Feed Newly Sanctioned Plaquemines LNG Facility

Enbridge Inc. is moving forward with a pair of pipeline expansion projects that would deliver 1.5 Bcf/d of natural gas to the Plaquemines liquefied natural gas (LNG) export terminal recently sanctioned by Venture Global Inc. The Gator Express Meter (GEM) and Venice Extension projects would involve 36-inch diameter pipeline, metering and compressor station additions and…

May 27, 2022
Venture Global Lands Deals to Supply China’s Sinopec from Plaquemines LNG Export Project

Venture Global Lands Deals to Supply China’s Sinopec from Plaquemines LNG Export Project

Venture Global LNG Inc. has signed two long-term sales and purchase agreements to supply state-owned China Petroleum & Chemical Corp., aka Sinopec, with liquefied natural gas (LNG) from its Plaquemines export terminal under development in Louisiana.  Sinopec agreed last month to purchase 2.8 million metric tons/year (mmty) on a free-on-board (FOB) basis in one deal…

October 20, 2021
Venture Global Starts Plaquemines LNG Construction, but Hurricane Ida Stalls Work

Venture Global Starts Plaquemines LNG Construction, but Hurricane Ida Stalls Work

Initial construction activities have started at the Plaquemines liquefied natural gas (LNG) export project in Louisiana, the development’s sponsor told federal regulators on Tuesday. In a Tuesday FERC filing, Venture Global LNG Inc. said work began at the terminal site on Aug. 18, but was halted on Aug. 27 as Hurricane Ida approached the Louisiana…

September 8, 2021
Venture Global Lands Funding for Pre-FID Construction Work on Plaquemines LNG Project

Venture Global Lands Funding for Pre-FID Construction Work on Plaquemines LNG Project

Venture Global Inc. said Thursday that it’s closed a $500 million term loan with four banks to fund pre-sanctioning construction activities for the company’s Plaquemines LNG export project in Louisiana.  The transaction was upsized from $400 million to $500 million “based on strong lender interest,” the company said. The term loan was made by JPMorgan…

February 11, 2021
Venture Global Selects KBR to Lead Construction on Phase One of Plaquemines LNG

Venture Global Selects KBR to Lead Construction on Phase One of Plaquemines LNG

Venture Global LNG Inc. has selected KBR Inc. to lead the first phase of construction for its Plaquemines liquefied natural gas (LNG) export project in a surprise announcement just months after KBR said it would exit the energy business.  Venture Global said as the engineering, procurement and construction (EPC) contractor KBR would “integrate highly modularized,…

November 25, 2020

Venture Global Adds Backing for Gulf Coast LNG Export Projects

I Squared Capital has dished out $460 million to move along massive liquefied natural gas (LNG) export projects being developed along the Gulf Coast by Venture Global LNG.

July 12, 2019

PGNiG Ups LNG Export Purchases from Venture’s Planned Plaquemine Parish Terminal

Polish Oil & Gas Co. (PGNiG), one of Central Europe’s leading utilities, has more than doubled the amount of liquefied natural gas (LNG) it plans to import from the United States via Venture Global LNG’s proposed export facility in Plaquemines Parish, LA.

June 12, 2019
Venture Global LNG Doubling Capacity at U.S. Gulf Coast Facilities

Venture Global LNG Doubling Capacity at U.S. Gulf Coast Facilities

Venture Global Liquefied Natural Gas (LNG) Inc. is doubling its global business due to strong customer demand, with construction set to commence “imminently” on one of its two planned U.S. Gulf Coast export facilities, the developer said Thursday.

March 14, 2019

Swift Announces Midstream Agreement, Austin Chalk Activity

Swift Energy Co. has entered into a long-term agreement for natural gas gathering and processing services in the Eagle Ford Shale with Eagle Ford Gathering LLC, a 50-50 joint venture of Kinder Morgan Energy Partners LP and Copano Energy LLC.

June 22, 2012

North Louisiana Garners More Interest in Latest Sale

The latest monthly lease sale held by Louisiana’s Mineral and Energy Board last Wednesday garnered more than $500,000 in bonuses, which brought the total collected for fiscal 2010-2011 to more than $24.3 million.

February 14, 2011