Venture Global Gets LNG Export Approval from US

Tuesday, March 5, 2019

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)

Categories: Tankers LNG North America

Related Stories

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Shoots Over $110 as Trump's Iran Deadline Looms

Iran War Reshapes Global LNG Trade

Big Oil to Reap Billions from Energy Price Surge

Iran War Sends LNG Prices Soaring, Curbing Asia Demand

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

Oil Executives Flag Long-Term Impact of Iran Conflict

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

Current News

TotalEnergies, QatarEnergy, ConocoPhillips Ink MOU to Review Offshore Syria

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com