![]() Venture Global did not respond to a request for comment in which The Lens sought to clarify which weather events caused the delay in construction. The Louisiana projects alone could emit some 57 million tons of greenhouse gasses each year, according to the group’s data. There are 25 proposed LNG export terminals that could become operational throughout the country, 12 of which would be located in Louisiana, according to a report published by the Environmental Integrity Project, a nonprofit environmental watchdog group. The natural gas that Venture Global will eventually ship across the globe -once it’s been sufficiently cooled, or supercooled, to the tune of negative 260 degrees Fahrenheit - is composed largely of methane, a greenhouse gas that’s far more potent than carbon dioxide in the short term at trapping heat in the atmosphere. There’s an inherent, albeit unarticulated, irony in the company’s request: scientists have linked human-caused climate change to the increased severity of storm systems like hurricanes and to sea level rise and yet Venture Global’s project, which apparently was delayed due to severe weather events, will itself contribute substantively to climate change. In its variance request, the company said that it “anticipates substantially completing” the project by December 2025, which is presumably conditioned on the premise that the government approves the requested workforce increase. In order to make up the difference, Venture Global would like to shift to a 24-hour-a-day, 7-day-a-week work rotation for about six months, the company told the Federal Energy Regulatory Commission (FERC), the federal agency with primary oversight into the project. But in December, the company told federal regulators it had “experienced several delays due to severe weather,” which resulted in “slower overall construction progress.” ![]() The Virginia-based liquified natural gas (LNG) company Venture Global originally stated the plant would be operational by the middle of 2025. But when, exactly, that day might be is hard to say. One day, this export facility may be capable of exporting at least 1,400 billion cubic feet of natural gas per year around the world. 24, 2023).About 30 miles south of New Orleans, near “the end of the world” - where the land is sinking and the wetlands are disappearing and the sea is rising - there are orange signs impressed with images of dump trucks dotting both sides of the main road that runs lengthwise down the most southeastern parish in Louisiana.ĭuly cautioned, drivers and passengers embarking down Louisiana Highway 23 through Plaquemines Parish - a peninsula that hugs and holds fast to the final stretch of the Mississippi River as it meanders and utimately powers into the Gulf of Mexico - are soon greeted by the construction site keeping the truck drivers (who, as the road signs suggest, abound) so busy these days: Venture Global’s $13.2 billion Plaquemines LNG plant. Marketing is actively underway for production from Venture Global’s third plant, the 24-million tpy CP2 LNG in Cameron Parish, La., and sales agreements have been signed with ExxonMobil, Chevron, EnBW, Inpex Corp., China Gas, and New Fortress ( OGJ Online, Feb. Venture Global took FID on Phase 1 last year ( OGJ Online, May 25, 2022). The two phases combined will cost $21 billion. The project has also successfully closed its full $7.8 billion financing. Ltd., Petroliam Nasional Berhad (Petronas), and Excelerate Energy Inc. Plaquemines LNG Phase 2 customers include ExxonMobil Corp., Chevron Corp., Energie Baden-Württemberg AG (EnBW), New Fortress Energy Inc., China Gas Hongda Energy Trading Co. Plaquemines LNG has received all necessary permits, including US Federal Energy Regulatory Commission authorization and non-Free Trade Agreement export authorization from the Department of Energy. Accordingly, the company also issued a full notice to continue with Phase 2 construction to contractors KZJV LLC, a joint venture of Zachary Group and KBR Inc. has taken final investment decision (FID) on Phase 2 of its 20-million tonne/year (tpy) Plaquemines LNG plant in Plaquemines Parish, La.
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