Thursday, October 17, 2019

DOE approves Plaquemines LNG

The U.S. Department of Energy (DOE) issued an order Oct. 16 approving Venture Global Plaquemines LNG to export domestically produced liquefied natural gas (LNG) from its Plaquemines (La.) LNG project located on the Mississippi River in Plaquemines Parish, some 20 miles from the Port of New Orleans. Under the order, Plaquemines LNG will have authority to export up to 3.4B cubic feet per day (Bcf/d) of natural gas and LNG from the proposed project. Plaquemines LNG is authorized to export this LNG by oceangoing vessel to any country with which the U.S. does not have a free trade agreement (FTA), and with which trade is not prohibited by law or policy. The Federal Energy Regulatory Commission authorized Plaquemines LNG site on Sept. 30. DOE has also approved 38.06 Bcf/d of exports in the form of LNG and compressed natural gas to non-FTA countries. Among one of eight LNG export projects is under construction by Venture Global’s Calcasieu Pass (La.) project, which recently reached a final investment decision after having received its final regulatory approvals from the FERC and DOE this year. The U.S. is the top natural gas producer in the world. (Source: Work Boat 10/17/19) https://www.workboat.com/news/offshore/doe-approves-lng-exports-from-louisiana-project/