Venture Global seeks FERC approval for Plaquemines LNG expansion

Venture Global has applied to the US Federal Energy Regulatory Commission (FERC) seeking a licence and support for the Plaquemines LNG brownfield enlargement project.

The institution has filed a petition with the US Department of Energy (DoE) for export authorisations related to the enlargement project.

Venture Global has accrued the expected output from the task by astir 40% since the enlargement task was announced earlier this year.

It has attributed the summation successful liquefied earthy state (LNG) accumulation to continued optimisation of its liquefaction trains and “strong” marketplace demand.

Venture Global CEO Mike Sabel said: “Venture Global is pleased to denote the ceremonial motorboat of the permitting process for the Plaquemines Expansion Project.

“Incrementally expanding Plaquemines is simply a logical and economically businesslike accidental to physique connected our beardown existing infrastructure.

“This strategical measurement provides Venture Global with the optionality to make a scalable task that tin efficiently conscionable marketplace needs arsenic they evolve.

“Our determination to importantly summation the project’s permitted capableness reflects the beardown marketplace request we proceed to see, and this enlargement volition play a captious relation successful gathering that demand.”

According to the company, the enlargement volition beryllium implemented incrementally successful 3 phases and dwell of 32 modular liquefaction trains.

This enlargement volition adhd much than 30 cardinal tonnes per annum (mtpa) successful highest accumulation capacity.

It volition besides instrumentality the full highest accumulation capableness astatine the full Plaquemines analyzable to much than 58mtpa.

Venture Global added that the commercialized operations timelines for the archetypal and 2nd phases volition stay unchanged, arsenic antecedently stated.

Last month, the FERC granted Venture Global an hold to proceed the commissioning signifier of its Plaquemines LNG plant.

This determination allowed the institution to hold afloat commercialized operations and merchantability LNG connected the spot marketplace astatine perchance higher prices.

"Venture Global seeks FERC support for Plaquemines LNG expansion" was primitively created and published by Offshore Technology, a GlobalData owned brand.

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