Venture Global

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…

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…

Federal energy regulators have issued a positive final environmental impact statement (FEIS) for Venture Global Inc.’s Phase 2 expansion of Calcasieu Pass LNG (CP2), concluding it would have limited environmental impacts. “This is a major regulatory milestone for the project that puts us on track for a Commission vote and the commencement of construction later…

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.

Venture Global LNG Inc. has agreed to supply a state-owned German company with the super-chilled fuel for two decades as European offtakers continue to line up deals to replace Russian natural gas imports.  Venture Global said an affiliate of Securing Energy for Europe GmbH (SEFE) would purchase 2.25 million metric tons/year (mmty) of liquefied natural…

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…

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…

In a flurry of agreements and filings this month, Venture Global LNG Inc. progressed development of its proposed CP2 LNG project and a fourth export facility proposed for Louisiana. After landing a series of supply deals this year for the first phase of its 20 million metric ton/year CP2 LNG project, the Virginia-based liquefied natural…

Jera Co. Inc. has signed on as an offtaker from Venture Global LNG Inc.’s CP2 export project under development in Cameron Parish, LA.  Jera, Japan’s largest power company, has agreed to buy 1 million metric tons/year (mmty) of liquefied natural gas from CP2. Jera would buy the super-chilled fuel for a term of 20-years on…