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 operator of the Calcasieu Pass export plant in Louisiana and developer of three other plants in the US Gulf Coast state, said it had successfully raised the roof of the second LNG storage tank at the Plaquemines LNG export project in Louisiana.
Venture Global, based in Arlington, Virginia, said the roof-raising was completed ahead of schedule and came just seven weeks after the roof-raising for tank one.
“This represents another major milestone in the construction of Plaquemines LNG, with both roofs now raised for the tanks serving Phase One,” said Michael Sabel, Chief Executive of Venture Global.
“With Phase One deep into construction and our recent final investment decision and full notice to proceed on Phase Two, Plaquemines is well positioned to be the next new major LNG capacity to reach the global market,” Sabel explained.
Four tanks
This is the second tank of four in total being constructed for Plaquemines, located on the banks of the Mississippi and south of New Orleans.
When operational each tank will be capable of storing 200,000 cubic metres of LNG.
“The roof weighs 900 tons and is 294 feet in diameter. Air raising allows for better and safer access as well as a faster construction schedule, as the roof can be erected concurrently with the shell. The tank dome was raised in 71 minutes using 0.3 psi of pressure underneath the roof,” the company said.
“It was raised from ground level to top of the wall height of 130 feet. Eventually, the tank will have an inner tank made from 9% nickel alloy and an outer wall and outer roof made from concrete to provide full containment of the LNG and provide the maximum level of resilience and safety,” added Venture Global.
The company’s existing export plant, the Calcasieu Pass facility in Cameron Parish in Louisiana, is located south of the city of Lake Charles and shipped its first cargo at the start of March 2022.
The Calcasieu Pass facility comprises 18 small-scale modular liquefaction Trains each with 0.626 million tonnes per annum of capacity and configured in 9 blocks for total nameplate output of 11.26 MTPA.
However, Venture Global has plans for more future output of about 60 MTPA of LNG export capacity.
The company’s three other projects, including the CP2 (Calcasieu Pass 2) venture, are each expected to have nameplate capacity of around 20 MTPA.
As well as the Plaquemines plant there is the Delta LNG project to be constructed on a 540-acre site also in Plaquemines Parish on the banks of the Mississippi.
US liquefied natural gas export projects have to file with regulators very detailed responses to possible emergency scenarios in or around their terminals including offshore incidents with LNG carriers or serious accidents at the production plant.
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.
US LNG exporter Venture Global has received permission from regulators to commission liquefaction blocks five and six at the Calcasieu Pass LNG export plant in Louisiana.
The Calcasieu Pass plant in Cameron Parish in Louisiana, south of the city of Lake Charles, shipped its first cargo at the start of March 2022.
Calcasieu Pass comprises 18 small-scale modular liquefaction Trains each with 0.626 million tonnes per annum of capacity and configured in 9 blocks for total nameplate output of 11.26 MTPA.
Using modular Trains that were built in Italy and shipped to Calcasieu Pass to be installed, Venture Global was able to cut construction costs and to bring forward the start-up schedules.
After the latest FERC authorisation for blocks five and six, the project will be two-thirds complete.
Success
“Given the success of (previous) commissioning operations, Calcasieu Pass respectfully requests authorization to place Blocks 5-6 in service,” said the request from Venture Global which was granted by FERC.
In total, Venture Global has about 70 MTPA of LNG export capacity under construction or development in Louisiana.
The Arlington, Virginia-based company’s three other projects are each expected to have nameplate capacity of around 20 MTPA.
Two of the other plants are called Plaquemines and Delta LNG and are on the banks of the Mississippi River south of New Orleans.
The fourth project, called CP2 LNG, will be built on a 540-acre site in Cameron Parish, adjacent to the existing Calcasieu Pass facility.
Venture Global has host of long-term agreements with customers for its various projects.
The list includes Shell, BP, Chevron, ExxonMobil, Italy's Edison, Portugal's Galp, Spain's Repsol, Polish Oil and Gas Company, Chinese major Sinopec, German utility EnBW and Malysia's Petronas.
Chart Industries, the US manufacturer of LNG liquefaction, storage and other cryogenic equipment serving the energy and industrial gas markets, posted a record backlog and expects more US Gulf Coast projects to go ahead even as the current economic challenges affected Chart's earnings.
Venture Global, the US LNG company developing three export plants in Louisiana, said it expected to install the seventh and eighth liquefaction Trains by April at the most-advanced Calcasieu Pass facility and praised the modular method of construction.
Venture Global has told regulators it was making steady progress on the Calcasieu Pass LNG export plant in Louisiana, expected to come on stream in 2022 along with the TransCameron Pipeline, though recent work was hampered by the very active hurricane season on the Gulf Coast.
Venture Global LNG of the US said it completed successful string tests at Baker Hughes in Italy of the first mixed-refrigerant compression system for the Calcasieu Pass export plant in Louisiana.