Co-CEOs Bob Pender and Mike Sabel jointly stated, "We thank FERC for their timely issuance of the final EIS, which is an important regulatory milestone for our Plaquemines project. Plaquemines LNG has a binding 20-year offtake agreement with our partner PGNiG for 1 MTPA, and we are looking forward to announcing additional commercial milestones in the near-term."
Venture Global is also pleased to announce that FERC has accepted the company's pre-filing request for its 20 MTPA Delta LNG project, on the Mississippi River south of New Orleans, and associated Delta Express pipeline.
"Delta LNG will allow us to accommodate additional customer demand beyond Plaquemines while replicating the industry-changing, low-cost approach taken by our Calcasieu Pass and Plaquemines projects. We are excited to be under construction and in development on a total of 50 MPTA of liquefaction capacity, to bring North American natural gas to the world."
About Venture Global LNG
Venture Global LNG is a long-term, low-cost provider of LNG to be supplied from resource rich North American natural gas basins. Venture Global LNG's liquefaction process system employs a highly efficient and reliable suite of products supplied by BHGE. Venture Global LNG has begun construction of the 10 MTPA Venture Global Calcasieu Pass facility at the intersection of the Calcasieu Ship Channel and the Gulf of Mexico and is developing the 20 MTPA Venture Global Plaquemines LNG facility 30 miles south of New Orleans on the Mississippi River, and the 20 MTPA Venture Global Delta LNG facility, also on the Mississippi River south of New Orleans. Venture Global has raised $855 million of capital to-date to support the development of its projects. More can be found at www.venturegloballng.com.