![]() ![]() Venture Global has said companies looking to buy gas from its facilities include Royal Dutch Shell Plc, Edison SpA, Galp Energia SGPS SA, BP Plc, Repsol SA and Polish Oil and Gas Co (PGNiG). VENTURE Global Limited was found in 1998, headquartered in Hong Kong and factory in Dongguan, China. On its website, the company said it hopes to decide to build the plant in the second half of 2021 with the first phase entering service in the second half of 2024 and the second phase in the second half of 2025. It is also developing the 20-MTPA Delta LNG export plant in Louisiana. The December update said, 'Delta LNG continues to prepare its federal and state. The company is currently constructing or. That pre-filing docket is still live at FERC, although without much activity (PL19-4). Venture Global is a provider of US LNG that is sourced from North Americas resource-rich natural gas basins. In addition to Plaquemines, Venture Global is building the 10-MTPA Calcasieu Pass LNG export plant in Louisiana, which is expected to cost about $4.5 billion and enter service in the autumn of 2022. Venture Global did not immediately respond to an inquiry as to whether it views the newest project as an alternative to Delta LNG, which would have the same capacity. Analysts estimated the plant will cost about $8.5 billion. Plaquemines is designed to produce up to 20 million tonnes per annum (MTPA) of LNG, equal to about 2.6 billion cubic feet per day of natural gas. Officials at Venture Global were not immediately available for comment. LNG project to enter construction in 2020 after most other developers delayed their projects as coronavirus lockdowns cut global demand for energy and caused gas prices in Europe and Asia to drop to record lows. A-Ventures Global is a Private Equity portfolio focused on technology solutions and services for e-commerce optimization. If Venture Global goes forward with Plaquemines this year, it could be the only U.S. The company said on its website it plans to start early construction work on Plaquemines in mid-2020 before financial close on the project in late 2020, with the plant expected to enter service in 2023. Venture Global is currently constructing or developing 70 MTPA of. LNG to be sourced from resource rich North American natural gas basins. Plaquemines LNG facility artist rendering. Venture Global is a long-term, low-cost provider of U.S. Venture Global LNG hired Story Partners in 2014 to provide strategic corporate communications to raise awareness of the new company and its safe LNG export. ![]()
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