Venture Global’s 174,000-cbm newbuild carrier, Venture Gator, left the company’s second facility in Port Sulphur on Sunday and was sailing in the Gulf of Mexico on Monday, its AIS data ...
With this, Plaquemines LNG became the eighth US LNG export facility.
Venture Global said in its recent IPO statement it is targeting a COD (commercial operations date) for the Plaquemines project in the third quarter of 2026 for Phase 1 and the second quarter of 2027 for Phase 2.
In May 2022, Venture Global took a final investment decision on the first phase of the Plaquemines project with a capacity of 13.3 mtpa and the related pipeline. It also secured $13.2 billion in project financing.
In March last year, the company sanctioned the second phase of the Plaquemines LNG export plant in Louisiana and also secured $7.8 billion in project financing.
The full project, including the second stage, will have a capacity of 20 mtpa coming from 36 modular units, configured in 18 blocks.
Each train has a capacity of 0.626 mtpa.
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