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Free AccessFERC Greenlights Start of New Unit At Venture Global LNG Plant
FERC on Thursday agreed to a revised commissioning plan for Venture Global LNG's Calcasieu Pass facility, allowing it to turn on three processing trains while work on faulty power equipment continues according to Reuters.
- Venture Global has said its faulty power issues prevent complete commissioning of Calcasieu Pass to make it ready to operate commercially, a view not shared by its foundation customers. Venture Global and the foundation customers have been in a legal dispute over its failure to deliver cargoes from the facility to them.
- Venture Global started gas processing at its Calcasieu Pass plant in March 2022 has delivered at least 200 cargoes, which are claimed to be pre-commissioning cargoes, while the firm has not shipped any LNG to its contract customers as it insists the facility is not fully commissioned yet.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.