The Department of Energy granted permission for Plaquemines to export LNG that Venture will first import from foreign sources for start-up operations. (Source: Shutterstock)
The newest LNG liquefication and export terminal on the Gulf Coast cleared another government hurdle this month, indicating that Venture Global’s Plaquemines LNG project is close to starting production.
The Department of Energy granted permission for Plaquemines to export LNG that Venture will first import from foreign sources for start-up operations. Venture Global may export the LNG equivalent of 6 Bcf of natural gas.
The Plaquemines plant needs the authorization, dated July 11, because “terminal facilities will need to be cooled down for cryogenic operations,” the DOE stated.
The order is the latest indication that the long-awaited LNG export plant is close to starting operations. At the end of June, several midstream companies filed with the Federal Energy Regulatory Commission, indicating that the plant had access to natural gas.
At capacity, the Plaquemines plant will export up to 20 million tonnes per annum of LNG and add about 3.4 Bcf/d of natural gas demand to the Louisiana Gulf Coast. Venture Global executives have said they expect production to begin this summer.
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