Venture Global LNG Calcasieu Pass FERC Order Granting Authorization

On February 21st, 2019 the U.S. Federal Energy Regulatory Commission (FERC) issued an order granting authorization for Venture Global LNG to construct and operate the planned Calcasieu Pass LNG export facility and TransCameron Pipeline in Cameron Parish, Louisiana.

The Calcasieu Pass LNG export terminal is designed with a nameplate liquefaction and export capacity of 10 million metric tons per annum (MTPA), and a peak achievable capacity of 12 MTPA under optimal operating conditions. Calcasieu Pass will receive natural gas via TransCameron’s proposed East Lateral pipeline.

The TransCameron pipeline plan is approximately 23.4 miles of 42-inch-diameter pipeline originating in the vicinity of Grand Chenier Station in Cameron Parish, Louisiana, and extending to the proposed Calcasieu Pass export terminal.

FERC authorized LNG storage facilities consisting of two full-containment, above-ground LNG storage tanks, each with a capacity of approximately 200,000 cubic meters. Two LNG berthing docks were authorized, each designed to accommodate LNG carriers of 120,000 to 210,000 cubic meters.

“I applaud FERC on their action today to authorize the construction of the United States’ fourth LNG export facility,” said U.S. Secretary of Energy Rick Perry. “This past year, the U.S. became a net exporter of natural gas on an annual basis, and we are exporting U.S. LNG to 34 different countries across 5 continents. The construction of this facility and the expedition of others under this new framework will further build upon the success of American natural gas.”

The proposed facility will utilize mid-scale, modular, factory-fabricated liquefaction trains. In December of 2018 Venture Global announced an integrated turnkey EPC contract with Kiewit to design, engineer, construct, commission, test and guarantee the Calcasieu Pass facility.

“With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements (SPAs) with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies,” Co-CEOs Bob Pender and Mike Sabel jointly stated.”