Venture Global LNG Inc., the US liquefied natural gas developer involved in a dispute with many customers regarding the non-delivery of post-commissioning cargoes from the Calcasieu Pass project in Louisiana, plans to acquire nine LNG carriers to expand its worldwide sales especially of spot shipments.
Venture Global, the US liquefied natural gas export projects developer in the state of Louisiana, said long-term expansion would increase production from 70 million tonnes per annum to more than 100 MTPA of nameplate capacity.
Venture Global LNG, the US operator of the Calcasieu Pass export plant in Louisiana and developer of three other plants in the US Gulf Coast state, has signed a sales and purchase agreement with a key Singapore-based Japanese trading firm.
EnBW, the German utility headquartered in Stuttgart in the southwest German industrial state of Baden-Württemberg, has expanded its agreement to purchase LNG cargoes from US Gulf Coast producer Venture Global.
Australian and African LNG export plants operator, US major Chevron Corp., is increasing its LNG trading role after signing cargo supply agreements with the largest US exporter Cheniere Energy and newcomer Venture Global with one plant in operation in Louisiana and three others under development in the state.
Venture Global LNG, owner of the newest US export plant at Calcasieu Pass in Louisiana and with three other projects in development, has signed up Malaysian energy company Petronas for a 20-year supply deal.
New Fortress Energy Inc., the New York-based LNG-for-power project company, has signed two 20-year sale and purchase agreements with US company Venture Global, owner of the existing Calcasieu Pass LNG plant and developer of three other liquefaction and export projects in Louisiana.
Venture Global, the developer of four LNG export plants in the US state of Louisiana on the Gulf Coast, has signed two more Chinese LNG supply deals and this time with units of China National Offshore Oil Corp (CNOOC) after two previous accords with China Petroleum & Chemical Corp. (Sinopec).
Venture Global, the US LNG export plant developer, is now in the process of investing in and constructing four liquefaction and export plants in Louisiana with 70 million tonnes per annum of output as the latest facility applied for regulatory permits.
China Petroleum & Chemical Corp. (Sinopec) has agreed three liquefied natural gas deals with US project developer Venture Global totalling 5 million tonnes per annum, two for the Plaquemines project and one for the Calcasieu Pass plant, both in Louisiana.