Venture Global LNG

Venture Global swoops on 9 in-build LNG carriers

Arlington, Va., headquartered U.S. LNG export terminal operator Venture Global LNG is getting into vessel ownership. Yesterday, it announced the acquisition of nine LNG carriers currently under construction by an undisclosed South Korean shipbuilder (or shipbuilders). It says that deliveries of the ships will start later this year. Six vessels will have a cargo capacity of 174,000 cubic meters each and three a cargo capacity of 200,000 cubic meters each. All nine ships will be primarily fueled...

https://www.marinelog.com/news/venture-global-swoops-on-9-in-build-lng-carriers/

Biden administration pauses new LNG export project permitting

Citing climate crisis concerns, the Biden Administration today announced a temporary pause on pending approvals of liquefied natural gas (LNG) export projects.

The U.S. Department of Energy (DOE) says that it will initiate a process to update the assessments used to inform whether additional liquefied natural gas (LNG) export authorization requests to non-Free Trade Agreement countries are in the public interest.

“The United States is the global leader in LNG exports with 14 billion cubic feet...

https://www.marinelog.com/news/biden-administration-pauses-new-lng-export-project-permitting/

COLUMN | European liquefied natural gas demand surges as floating regasification gold rush begins: Hoegh, Exmar and New Fortress to the front of the queue [Offshore Accounts]

The Russian invasion of Ukraine in February last year sparked a rush for gas in Europe, as the Nordstream pipelines were blown up in the Baltic Sea and President Vladimir ..

The post COLUMN | European liquefied natural gas demand surges as floating regasification gold rush begins: Hoegh, Exmar and...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-european-liquefied-natural-gas-demand-surges-as-floating-regasification-gold-rush-begins-hoegh-exmar-and-new-fortress-to-the-front-of-the-queue-offshore-accounts/

New Louisiana LNG project to employ carbon capture technology

Venture Global LNG is to invest more than $10 billion in a new liquefied natural gas (LNG) facility in Cameron Parish, La., that will employ carbon capture and sequestration technology (CCS) to reduce carbon dioxide (CO2) emissions. Named CP2, the new facility will have a nameplate capacity of 20 million metric tonnes per annum (MTPA) of LNG.

The CCS process will be used to capture and store underground an estimated 500,000 tons of CO2 emissions from the facility annually. The complex will be...

https://www.marinelog.com/inland-coastal/ports-terminals/new-louisiana-lng-project-to-employ-carbon-capture-technology/

FERC authorizes Louisiana LNG export project and associated pipeline

Maran Gas Apollonia, the first LNG carrier to transit the Panama Canal’s expanded locks, in the Agua Clara locks on July 25, 2016. Panama Canal Authority photo.

Venture Global LNG Inc. announced last week that the U.S. Federal Energy Regulatory Commission (FERC) issued the order granting authorizations under Sections 3 and 7 of the Natural Gas Act for the company’s Venture Global Calcasieu Pass LNG export facility and associated TransCameron Pipeline in Cameron Parish, La.

The U.S. Department of Energy supports FERC’s agreement to provide a path forward for consideration of liquefied natural gas (LNG) export terminals that are pending before FERC. FERC...

https://www.workboat.com/news/offshore/ferc-authorizes-louisiana-lng-export-project/