Venture Global LNG subsidiaries Venture Global Plaquemines LNG and Venture Global Gator Express have completed the preliminary review process with Federal Energy Regulatory Commission (FERC).
Both subsidiaries have filed the formal application seeking FERC's authorisation to construct and operate the Plaquemines LNG export terminal and the Gator Express pipeline system.
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In a joint statement, Co-CEOs Bob Pender and Mike Sabel said: “Submitting our formal application is a significant milestone in the development of our second low-cost LNG export terminal.
“With the support of the Plaquemines Port and the Plaquemines Council, this large, attractive site on the Mississippi River is convenient and safely accessible to our international LNG customers.
“Furthermore, we can access plentiful sources of US natural gas through nearby, liquid interconnection points and skip the high-cost, long-distance lateral pipelines that many projects are burdened with.”
The 20 million tonnes per annum (mtpa) Plaquemines LNG facility will be developed on a 632-acre site located in the Plaquemines Parish, Louisiana, nearly 30 miles south of New Orleans.
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By GlobalDataThe export facility constitutes more than 7,000ft of Mississippi River frontage with three LNG loading docks.
Venture Global Plaquemines LNG has partnered with GE Oil & Gas to utilise the latter’s plant-wide LNG process system.
This system, along with the huge logistic advantages of the Plaquemines site, enables Venture Global to continue to innovate and reduce the cost of providing LNG to the increasing global market for US natural gas.
Venture Global is currently developing LNG export terminals at Plaquemines and Calcasieu Pass, with a combined capacity of 30mtpa.
