Venture Global Plaquemines LNG gets greenlight from DOE for exports
Venture Global Plaquemines LNG has received an order from the U.S. Department of Energy (DOE) approving exports of domestically produced LNG from the Plaquemines LNG Project, Louisiana.
“The increase in LNG infrastructure projects in the U.S. has been astounding to watch,” said Secretary of Energy Rick Perry. “Projects like Venture Global’s Plaquemines create well-paid, American jobs and have changed the game in sharing the benefits of U.S. LNG with our allies around the world. I am glad the Department is doing our part to empower the Plaquemines project and other energy infrastructure to progress quickly.”
Under the order signed on October 16, Plaquemines LNG will have authority to export up to 3.4 billion cubic feet per day (Bcf/d) of natural gas as LNG from the proposed Plaquemines LNG Project. Plaquemines LNG is authorised to export this LNG by ocean-going vessel to any country with which the United States does not have a free trade agreement (FTA) requiring national treatment for trade in natural gas, and with which trade is not prohibited by U.S. law or policy. The Federal Energy Regulatory Commission (FERC) authorised Plaquemines LNG to site, construct, and operate the Plaquemines LNG Project on September 30, 2019.
Including this announcement, the DOE has approved 38.06 Bcf/d of exports in the form of LNG and compressed natural gas to non-FTA countries. Of this approved amount, approximately 15 Bcf/d of export capacity is in various stages of operation and construction across eight large-scale export projects. Among the LNG export projects currently under construction is Venture Global’s Calcasieu Pass project, which recently reached a final investment decision after having received its final regulatory approvals from the Federal Energy Regulatory Commission and DOE earlier this year.
17th October 2019