Venture Global Gets LNG Export Approval from US

March 5, 2019

© Anatoly Kolodey / Adobe Stock
© Anatoly Kolodey / Adobe Stock

Venture Global LNG said on Tuesday it had received approval to export liquefied natural gas (LNG) from its Louisiana facility to non-free trade agreement countries.

The company said the U.S. Department of Energy's (DOE) Office of Fossil Energy had authorized it to export up to 620 bcf per year of natural gas (1.7 bcf/day) for a period of 25 years.

Venture Global's Calcasieu Pass facility, which is located in Cameron Parish, Louisiana, can produce about 10 million tonnes per annum (MTPA) of LNG, or about 1.3 billion cubic feet (bcf) per day of natural gas.

"We are pleased that our Calcasieu Pass buyers – Shell, BP, Edison, Galp, Repsol, and PGNiG – can now deliver our low-cost US-produced energy worldwide," said Bob Pender and Mike Sabel, co-CEOs in a joint statement.


(Reporting by Shradha Singh in Bengaluru; Editing by Shinjini Ganguli)

Logistics News

Panama Canal Launches Concession Process for Natural Gas Pipeline

Panama Canal Launches Concession Process for Natural Gas Pipeline

South Africa's Transnet Agrees Equipment Deal with Liebherr

South Africa's Transnet Agrees Equipment Deal with Liebherr

Port of Long Beach Orders Two Ship-to-Shore Cranes

Port of Long Beach Orders Two Ship-to-Shore Cranes

MELTRIC Introduces the P66 Industrial Plug and Receptacle

MELTRIC Introduces the P66 Industrial Plug and Receptacle

Subscribe for Maritime Logistics Professional E‑News

FedEx shares rise as Wall Street celebrates profits despite trade uncertainty
LME Zinc stocks indicate tight market but physical supplies are plentiful
Striking Boeing Defense machinists approve union's contract proposal that the company rejected