Venture Global's Plaquemines plant set to produce first LNG
Venture Global LNG is on track to inaugurate liquefied natural gas (LNG) production at its Plaquemines export plant in Louisiana as soon as this week, LSEG data shows.
The startup will mark the first new U.S. plant this year to produce the superchilled gas, beating Cheniere Energy's Corpus Christi midscale expansion project to market.
Plaquemines' 20-metric MMtpy plant will cement Venture Global as the second-largest LNG exporter in the United States by capacity, and ensure that the United States remains the world's largest exporter of the superchilled gas.
The Louisiana export plant was set to draw > 100 MMft3 of natural gas for the first time on Thursday, data from financial firm LSEG showed.
U.S. regulators gave Venture Global permission on Thursday to commission its sixth of 18 blocks at Plaquemines, a document shows. Each block in the plant has two trains and utilize 150 MMft3 of gas.
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