![]() ![]() Venture Global LNGs liquefaction process system will. Venture Global LNG (Venture Global) is a long-term, low-cost provider of American-produced liquefied natural gas. ![]() On Wednesday, Venture Global said it made a final investment decision (FID) to build the first phase of its proposed Plaquemines plant. (Venture Global LNG), which is a Delaware corporation with its principal 88 Phillips Alaska Natural Gas Corp., et al., DOE/FE Order No. Venture Global LNG is a long-term, low-cost provider of LNG to be supplied from resource rich, low cost, North American natural gas basins. (Reuters) - Canadian energy company Enbridge Inc said on Thursday it would build a pipeline project to supply natural gas to Venture Global LNG s Plaquemines LNG export facility in Louisiana. FERC should also analyze the potential impact of the proposed project change on traffic fatality risks. Plaquemines LNG is a wholly-owned subsidiary of Venture Global LNG, Inc. The comments, posted on the IEEFA website, also ask commissioners to account for additional workspace, traffic volumes, personnel, and the implementation of a 24-hours-per-day, seven-days-per-week construction schedule requested by Plaquemines LNG in their amended proposal.įERC needs to conduct a more rigorous analysis of both the rationale and the potential effects of these additional staffing levels and include data that was not available at the time of the final Environmental Impact Statement (EIS) authorization. ARLINGTON, Va., /CNW/ - Today Venture Global LNG is announcing a final investment decision (FID) and successful closing of the 13.2 billion project financing for the initial phase. But global demand conditions have changed since Russia’s February 2022 invasion of Ukraine and a wave of new LNG facilities is expected to come online by 2026, causing a potential glut. Venture Global LNG is a long-term, low-cost producer of North American liquified natural gas (LNG). ![]() The IEEFA comments to the Federal Energy Regulatory Commission (FERC) notes omitted and outdated issues with the proposal, including an increased construction schedule, increased staffing levels, and the changing demand for additional LNG exports.įERC should consider that assumptions about global demand for additional LNG export capacity were based on long-term relatively low gas prices in 2019. Ma(IEEFA)-The Institute for Energy Economics and Financial Analysis (IEEFA) is raising additional concerns about a proposed Venture Global Plaquemines LNG Amendment (Plaquemines LNG) expansion. ![]()
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