Updated Aug 22, 2024
8/22/24
After reviewing a collection of private documents about commissioning of Venture Global LNG Inc.’s Calcasieu Pass export terminal, several of its foundational customers are again urging FERC not to approve an extension.
Venture Global LNG Inc. is expecting to hit a major milestone for its CP2 LNG project in Louisiana next month while it mounts a defense against challenges to the Plaquemines export facility, also nearing a new stage of development.
Global natural gas prices fell on Monday amid broader panic across global financial markets over concerns the U.S. economy is slowing.
The Plaquemines LNG terminal under construction in Louisiana is a step closer to bringing its terminal into service after federal regulators authorized it to re-export cargoes it would need to import to cool down its facilities.
More than half a year after the Department of Energy (DOE) halted non-free trade (FTA) agreement permits for new U.S. LNG projects, the length of the pause and the potential impacts to the export supply outlook are still pending.
NO. 1: Chiyoda Corp. has asked a federal bankruptcy court to restart construction on the Golden Pass LNG export project in Texas, which has come to a near standstill since lead contractor Zachry Holdings Inc. filed for bankruptcy last month.
Afforded little support from the latest storage data for a definitive move in either direction, August Nymex natural gas futures meandered near unchanged through midday trading on Thursday.
Venture Global LNG Inc.’s CP2 export facility has received the final federal approval, ending a more than 10-month wait for authorization.
Venture Global LNG Inc. has been tasked with cooperating with long-term offakers of its Calcasieu Pass LNG project to share some private information about the Louisiana export terminal.
While Golden Pass LNG is holding to previous expectations for commissioning to begin in the first half of 2025, FERC staff said the timelines could be impacted as the lead construction contractor navigates bankruptcy.