LNG

Venture Global LNG, the developer of the Plaquemines export plant on the Mississippi River, expects in new regulatory filings to begin production around mid-2024 at the eighth US LNG export facility and the second plant owned and operated by Venture Global.

The Arlington, Virginia-based company has requested approval from the US Department of Energy’s Fossil Fuels body to receive up to three imported LNG cargoes as part of the Plaquemines commissioning process to cool down equipment ahead of the plant start-up.

Plaquemines has also asked for and received Federal Energy Regulatory Commission approval for natural gas supply to be delivered on its Gator Express pipeline venture.

“Plaquemines LNG submitted Volume 321 of the Implementation Plan, which contained information regarding the introduction of gas to the gas gate,” said the FERC filing.

LNG confidential

Plaquemines also requested that the response and attachments “be treated as both privileged and confidential and withheld from public disclosure” as they contain proprietary information used by Plaquemines LNG and its third-party consultants that is “customarily treated” as privileged and confidential.

Even though the role of the FERC is to inform the public about energy developments Venture Global has almost permanently requested non-disclosure by the FERC as the information “could result in commercial and competitive harm” to Plaquemines LNG and its consultants.

The Plaquemines liquefaction facility is on a 630-acre site with 1.3 miles of Mississippi River frontage.

The Gator Express venture comprises two pipelines, each with capacity of around 1.9 billion cubic feet per day to deliver natural gas from pipeline interconnections to the Plaquemines plant located about 20 miles south of New Orleans.

The liquefaction plant’s total planned capacity is 20 million tonnes per annum with the first phase to produce 10 MTPA.

Long commissioning

Venture Global's existing Calcasieu Pass plant in Louisiana shipped its first cargo in March 2022 and comprises 18 small-scale modular liquefaction Trains each with 0.626 million tonnes per annum of capacity and configured in nine blocks for total nameplate output of 11.26 MTPA.

In addition to the Plaquemines plant Venture Global is developing the CP2 project, so called because it will be built adjacent to the Calcasieu Pass facility, and the Delta LNG plant.

The three newer plants will each have nameplate capacity of around 20 MTPA.

Venture Global has signed up many energy companies from around the world as long-term customers for its various projects.

The company has also been the subject of complaints and arbitration proceedings brought by customers such as Shell and BP over the commissioning process at Calcasieu Pass.

The commissioning has lasted for more than two years, and thus deprived customers of contracted cargoes available once commissioning comes to an end and the commercial start-up begins.

FERC finally intervened in the long-running dispute between Venture Global LNG and its Calcasieu Pass LNG export plant in Louisiana and major customers over delays in activating sales and purchase agreements (SPAs) for contract cargoes.

The regulator asked Venture Global to explain why it has extensively filed “confidential” documents in relation to the Calcasieu Pass export project.

US energy regulators have finally intervened in the long-running dispute between Venture Global LNG and its Calcasieu Pass LNG export plant in Louisiana and major customers over delays in activating sales and purchase agreements (SPAs) for contract cargoes.

Shell has joined with the other UK-based major BP to file a complaint with the US Federal Energy Regulatory Commission (FERC) against LNG developer Venture Global claiming the Arlington, Virginia-based company was “illegally withholding information” about delays in delivering LNG from its Calcasieu Pass export plant in Louisiana.

Cheniere Energy, the largest US liquefied natural gas exporter with its two plants at Corpus Christi in Texas and Sabine Pass in Louisiana, said the Sabine expansion project known as SPL Stage 5 has signed a long-term Integrated Production Marketing gas supply agreement with the US unit of Canadian producer ARC Resources.

Sept 11 (LNGJ) - The “Arctic Voyager” with 140,000 cubic metres capacity is schedule to deliver a Norwegian cargo on September 14 to the German floating LNG terminal at the North Sea port of Wilhelmshaven, according to shipping data. The shipment was loaded on September 4 at the Hammerfest plant in Northern Norway.

   The “LNG Endurance” with 170,500 cubic metres capacity is due to deliver a US cargo on September 21 to the Wilhelmshaven facility. The cargo was lifted on September 5 from the Cameron LNG export point on the coast of Louisiana.

Energy Transfer, the owner of pipeline and other assets in the Permian Basin and other shale basins in the Gulf Coast states as well as the Cushing crude oil delivery system and with a currently stalled LNG export project, reported solid first-quarter earnings amid advances in LNG feed-gas pipeline plans.

US Government forecasts in its latest short-term outlook that the LNG export market in 2023 will stay “relatively flat” before expanding in 2024 and expects a decline in domestic natural gas consumption.

Tellurian Inc., the developer of the Driftwood LNG export plant near Lake Charles in Louisiana, said in an earnings presentation that it expected about $9.7 billion in cash flow once the full project was on stream as it reported narrowed losses in the third quarter and more revenue from natural gas sales.

The US Government expects higher-than-average Henry Hub natural gas prices as demand remained high and inventories low while shipments from the nation’s LNG export plants would increase by 17 percent in the fourth quarter of 2022 compared with the previous three months as Freeport LNG resumes operations in November and Cove Point LNG has a scheduled closure in October.

ConocoPhillips, the US major with expanding liquefied natural gas volumes, has signed an accord for long-term offtake and a 30 percent equity stake in Sempra Infrastructure’s proposed Port Arthur LNG project in Texas.