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Venture Global Eyes Construction Ramp Up for Plaquemines LNG – The Offtake
A roundup of news and commentary from NGI’s LNG Insight:
- Venture Global LNG Inc. has asked the Federal Energy Regulatory Commission for permission to ramp up construction at its Plaquemines LNG facility and associated pipeline project.
- In a filing published Friday, the firm requested to nearly double its workforce to 6,000 personnel a day at the site southeast of New Orleans and along its Gator Express pipeline. It also requested to institute a 24/7 construction schedule.
- The 13.33 million metric tons/year first phase of Plaquemines LNG is designed to use smaller, modular equipment like Venture Global’s Calcasieu Pass LNG terminal, also in Louisiana. The company estimates half of Plaquemines’ capacity could be online sometime in 2024, followed by the second half by the end of 2025.
- Venture Global sanctioned the project last year and has been inking additional offtake contracts, including with European clients.
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