LNG

The US Calcasieu Pass liquefied natural gas export plant being developed in Louisiana by Venture Global has reached a construction landmark by having the roof raised on the first LNG storage tank.

Venture Global LNG, the company based in Virginia with three LNG export projects in Louisiana, said it had secured a $1.3 billion investment from New York equity firm Stonepeak Infrastructure Partners for its Calcasieu Pass project in the Gulf Coast state.