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Home›News›Venture Global’s Plaquemines LNG project granted FTA export permit
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July 25, 2016 · about 10 years ago

Venture Global’s Plaquemines LNG project granted FTA export permit

Venture Global LNG has been granted a 25-year authorization by the U.S. Department of Energy to export approximately 1,240 Bcf per year of natural gas from its Plaquemines LNG project in Louisiana to free trade agreement countries.

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Venture Global LNG has been granted a 25-year authorization by the U.S. Department of Energy to export approximately 1,240 Bcf per year of natural gas from its Plaquemines LNG project in Louisiana to free trade agreement countries.

The Plaquemines LNG project would be located in Plaquemines Parish, Louisiana, near river mile marker 55 on the west bank of the Mississippi River.

According to the DoE filing, the proposed facility would consist of 20 pre-cooled single mixed refrigerant (SMR) blocks, four 200,000 cubic meter LNG storage tanks, three marine loading berths for oceangoing vessels within a common berthing area, and on-site electric power generation.

Each LNG block would have a nameplate liquefaction capacity of 1 million tons per annum. Each marine loading berth would be able to accommodate LNG carrier with the capacity between 120,000 cbm and 210,000 cbm.

The project is proposed to be built in two phases, the first including 10 of the LNG blocks, two storage tanks, two marine loading berths and on-site power generation. The second phase of the project would be constructed in case of an increased market demand.

Under optimal design conditions, the project may produce up to 24 mtpa, or the equivalent of approximately 1,240 Bcf/yr of natural gas.

Full commencement of the project’s first phase is expected in the first quarter of 2020.

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LNG World News Staff

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