9/16/2023 0 Comments Venture global lng plaquemine la![]() ![]() For example, with deep-water access the project will not require dredging, which allows for an expedited, environmentally-friendly development process. “The Mississippi River provides significant benefits for building a liquefaction facility. The site will have about 1.3 miles of river frontage. The facility will be built on a 630-acre site on the west bank of the Mississippi near mile marker 55, downriver from Myrtle Grove. The project is also anticipated to create about 2,200 construction jobs. Louisiana Economic Development (LED) says the project should result in another 728 indirect jobs, for a total of nearly 1,000 new jobs for the parish/region. Additional information regarding Venture Global LNG and its projects is. The governor’s office says the new facility will create 250 new direct jobs with an average annual salary of $70,000, plus benefits. Venture Global LNG is the developer of LNG export projects in the United States using modular mid-scale plant configuration with reliable, proven technology and innovative design to offer low-cost, clean and reliable U.S. The LNG industry is an ongoing success story for the Louisiana economy, generating tremendous investments and providing quality, permanent jobs for our skilled Louisiana workforce,” said Edwards. With multi-billion-dollar investments on both the eastern and western edges of coastal Louisiana, Venture Global is well-poised for success as the natural gas industry continues to expand here. SEFE plays a pivotal role in providing energy supply stability for Germany and Europe.“Venture Global has become an important participant in Louisiana’s growing LNG market. LNG export project developer Venture Global LNG has announced a final investment decision (FID) and closing of the 13.2 billion financing for the Plaquemines LNG facility and the associated pipeline. SEFE is a midstream company focusing on trading & portfolio management, sales, storage and pipeline infrastructure. Headquartered in Berlin, Germany, the company with more than 1,500 employees has its strongest presence in Germany, supplying industrial customers and municipal utilities. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities.Ībout SEFESEFE Securing Energy for Europe GmbH (SEFE) is an integrated energy company owned by the Federal Republic of Germany that is active in various stages along the value chain. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. Venture Global's first facility, Calcasieu Pass, commenced producing first LNG in January 2022. On March 1, 2016, Venture Global Plaquemines LNG, LLC (Plaquemines LNG) filed an Application1with the Office of Fossil Energy (FE) of the Department of Energy (DOE) under section 3 of the Natural Gas Act (NGA).2Plaquemines LNG requests long-term, multi-contract authorization to export domestically produced liquefied natural gas (LNG) from the pr. LNG sourced from resource rich North American natural gas basins. Approximately 1/3 of the current offtake agreements are with German buyers, further underscoring the importance of CP2 LNG to Germany's long-term energy security.Ībout Venture Global LNGVenture Global is a long-term, low-cost provider of U.S. To date, 9.25MTPA of the 20MTPA nameplate capacity for CP2 has been sold with active discussions ongoing for the remaining capacity. SEFE, a German state-owned company, joins other CP2 LNG customers, including ExxonMobil, Chevron, JERA, New Fortress Energy, INPEX, China Gas and EnBW. In delivering a substantial amount of the contracted capacity of CP2 LNG to European customers, we contribute to the further diversification and sustainability of the European energy supply," said Egbert Laege, CEO of SEFE. "By joining forces with Venture Global LNG, SEFE makes another important step on our mission to secure energy for German and European customers and meet the energy demand of the region. ![]() Germany has acted decisively to diversify its energy portfolio and LNG will be a vital part of that mix as it seeks to strengthen its energy security while at the same time advancing environmental progress. "SEFE is playing a leading role in ensuring security of energy supply for not only Germany but the rest of the European gas market. "Venture Global is thrilled to begin a strategic partnership with SEFE, making our company the largest long-term LNG supplier to Germany," said Mike Sabel, CEO of Venture Global LNG. ![]()
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