Venture Global LNG successful loading and departure of the first cargo from Calcasieu Pass

Venture Global LNG announced today the successful loading and departure of the first cargo of LNG produced at the Calcasieu Pass LNG export facility in Cameron, Louisiana. The LNG was loaded on the Yiannis, chartered by JERA Global Markets. Venture Global LNG noted Calcasieu Pass went from Final Investment Decision to LNG production in just 29 months.

“Venture Global is honored to partner with JERA, one of the world’s largest buyers of LNG, on the inaugural commissioning cargo from Calcasieu Pass,” said Venture Global CEO Mike Sabel. “This historic and proud moment for our company represents the culmination of many years of relentless efforts by our team to innovate, design, construct and now deliver low-cost, clean LNG to our customers. Venture Global has successfully pioneered a new way of developing LNG projects that will result in the supply of low-cost, abundant, and affordable energy to people around the world, while also driving fuel switching from coal to natural gas. We want to thank our customers, financing partners, and state, local and federal stakeholders whose invaluable support helped get us to this moment.” 

Venture Global LNG is constructing or developing an additional 60 MTPA of production capacity in Louisiana. In May of last year the company announced a plant to develop Carbon Capture and Sequestration projects at each of its LNG facilities.