Venture Global to develop LNG project
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Venture Global LNG has announced that it is developing an LNG export facility in southwestern Louisiana.
The Calcasieu Pass Project will be located south of the city of Lake Charles. The LNG project will be built, operated and manufactured in Louisiana, and will create 1500 construction jobs, 326 indirect jobs and 100 permanent jobs for the community, according to Venture Global.
William Wicker, CEO of Venture Global LNG, said: "I am honored to officially announce the Calcasieu Pass Project that will deliver reliable, safe, low-cost LNG exports to the world […] Louisiana is leading the way in industrial development and job creation, and we are proud that the project will create high quality, high-paying jobs and revenue for the state."
Louisiana Governor, Bobby Jindal, said: "Venture Global's investment of US$4.25 billion in Louisiana is the latest in an impressive series of projects here in Southwest Louisiana that showcase our state's tremendous energy infrastructure and our outstanding workforce […] Cameron Parish affords the company great access to both natural gas supplies and deep-water access for shipping LNG to customers around the world. With billions of dollars in new investment for projects like Venture Global LNG, Louisiana is moving forward with next-generation energy infrastructure to connect to world markets and to create the best jobs for the future."
The LNG export facility in Cameron Parish, Louisiana will be 203 acres along the Calcasieu Ship Channel where it meets the Gulf of Mexico.
The Calcasieu Pass Project has received authorisation from the US Department of Energy (DOE) to export 10 million tpy of LNG to countries with whom the US already has a free trade agreement (FTA). The LNG project is also seeking authorisation from both the Federal Energy Regulatory Commission (FERC) and the DOE to export 10 million tpy of LNG to non-FTA countries.
Adapted from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/11122014/venture-global-to-develop-lng-project-1943/
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