Tuesday, February 26, 2019

FERC okays La. LNG & pipeline order


ARLINGTON, Va. – Venture Global LNG announced Feb. 22 that the Federal Energy Regulatory Commission (FERC) has issued an order granting authorizations to the company for its Venture Global Calcasieu Pass (Plaquemines Parish, La.) LNG export facility and associated TransCameron Pipeline in Cameron Parish, La. FERC approved the Calcasieu project by applying a new approach for consideration of direct greenhouse gas emissions from LNG facilities. “With our FERC order in hand, and our project contracted with a binding 20-year sale and purchase agreements (SPAs) with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana,” co-CEOs Bob Pender and Mike Sabel stated in a joint announcement. The Calcasieu construction project expects to be operational in 2022. The 10 million tons per annum (MTPA) Calcasieu Pass facility will employ a comprehensive process solution from GE Oil & Gas that utilizes mid-scale, modular, factory-fabricated liquefaction trains; and the 20 MTPA Plaquemines Parish LNG export facility and associated Gator Express Pipeline. The Calcasieu project is at the intersection of the Calcasieu Ship Channel and the Gulf of Mexico. The Plaquemines LNG facility is about 30 miles south or New Orleans on the Mississippi River. The Plaquemines facility received its draft Environmental Impact Statement in November and expects to receive its final EIS on May 3, according to the FERC. FERC has also established a 90-day federal authorization decision deadline for Aug. 1. (Source: Venture Global 02/22/19)