The first US LNG plant to get a financial green light in two years, Plaquemines LNG is on its way to joining the ranks of the US’ increasingly formidable LNG export industry. [Gas in Transition, Volume 2, Issue 6]

US company Venture Global LNG formally announced in May a final investment decision (FID) on its major Plaquemines LNG project, firing the starting gun on what looks set to be a new round of LNG plant construction in the US at the least. It is the first US LNG project to receive financial sanction since financial close on the company’s Calcasieu Pass facility in August 2019, although Sempra closed on its Costa Azul LNG project a year later in 2020. Located in Mexico, the LNG plant will source its feedstock from the US and can largely be considered an extraterritorial extension of the US gas system. Venture has every reaso...

Natural Gas & LNG News, Liquefied Natural Gas (LNG), LNG Condensed, Insights, Premium, Gas In Transition Articles, Vol 2, Issue 6, Corporate, United States

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