Venture Global Gets FERC Approval For LNG Facility
07 March 2019
The U.S. Federal Energy Regulatory Commission (FERC) has issued the Order Granting Authorizations under Sections 3 and 7 of the Natural Gas Act for Venture Global LNG’s Calcasieu Pass LNG export facility and associated TransCameron Pipeline in Cameron Parish, Louisiana.
“With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements (SPAs) with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies,” Co-CEOs Bob Pender and Mike Sabel jointly stated. “We are excited to begin construction of our Calcasieu Pass project and deliver low-cost LNG to our global customers in 2022.”
The Calcasieu Pass facility will employ a process solution from GE Oil & Gas that uses mid-scale, modular, factory-fabricated liquefaction trains. Venture Global has authorized an integrated turnkey EPC contract with Kiewit to design, engineer, construct, commission, test and guarantee the Calcasieu Pass facility.
The company is also developing the Plaquemines LNG export facility and associated Gator Express Pipeline in Plaquemines Parish, Louisiana. The Plaquemines LNG facility received its draft Environmental Impact Statement on Nov. 13, 2018 and expects to receive its final Environmental Impact Statement on May 3, according to the Notice of Schedule for Environmental Review issued by FERC on Aug. 31, 2018. FERC has established a 90-day Federal Authorization Decision Deadline of August 1. Plaquemines LNG has a binding 20-year SPA with PGNiG.