marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

Caribbean Basin Crude Oil Exports Jump 45%

Caribbean Basin Crude Oil Exports Jump 45%

EU Wheat Prices Rise As Black Sea Tensions Persist

EU Wheat Prices Rise As Black Sea Tensions Persist

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Export Prices for Russian Wheat Fall

Export Prices for Russian Wheat Fall

Subscribe for Maritime Logistics Professional E‑News

The NOC chairman says that output at Libya's Sharara Oilfield has fallen.
South Korea's US Investment Package takes shape with Texas nuclear power plants and projects
FAA suspends certain US East Coast flights due to communications issues