Venture Global LNG has announced plans to develop an LNG export facility, the Calcasieu Pass Project, in southwestern Louisiana. The project, south of Lake Charles, will be built, operated and manufactured in Louisiana and will create 1,500 construction jobs, 326 indirect jobs and 100 permanent jobs for the community.
“Venture Global’s investment of $4.25 billion in Louisiana is the latest in an impressive series of projects in southwest Louisiana that showcases our state’s tremendous energy infrastructure and our outstanding workforce,” Gov. Bobby Jindal said. “Cameron Parish affords the company great access to both natural gas supplies and deepwater access for shipping LNG to customers around the world.”
The export facility in Cameron Parish will be on 203 acres along the Calcasieu Ship Channel where it meets the Gulf of Mexico. The plant will operate with a midscale, modular technology to capitalize on low-cost natural gas production.
The project has received authorization from the Department of Energy to export 10 million tons per annum (MTPA) of LNG to countries with whom the U.S. has a free trade agreement. The project is seeking authorization from the Federal Energy Regulatory Commission (FERC) and the Department of Energy to export 10 million tons per annum of LNG to non-FTA countries.
The timeline for the project includes the regulatory and government filing process and securing commercial agreements through the year 2016, with operations beginning in late 2019. More on the project can be found at http://venturegloballng.com/vg-lng/.