Application Filed for LNG Project

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Two Venture Global LNG, Inc. subsidiaries, Venture Global Plaquemines LNG, LLC, and Venture Global Gator Express, LLC, have finished the preliminary review process with FERC and submitted a formal application requesting FERC’s authorization to site, build, and operate the Plaquemines LNG export terminal and the Gator Express pipeline system.

The 20.0 MTPA Plaquemines LNG facility will be built on a 632-acre site in Plaquemines Parish, Louisiana at river mile marker 55 on the Mississippi River, approximately 30 miles south of New Orleans, Louisiana. The export facility includes over 7,000 feet of Mississippi River frontage with three LNG loading docks.

In a joint statement, Co-CEOs Bob Pender and Mike Sabel said, “Submitting our formal application is a significant milestone in the development of our second low cost LNG export terminal. With the support of the Plaquemines Port and the Plaquemines Council, this large, attractive site on the Mississippi River is convenient and safely accessible to our international LNG customers. Further, we can access plentiful sources of U.S. natural gas through nearby, liquid interconnection points and skip the high-cost, long-distance lateral pipelines that many projects are burdened with.”

As part of the project, Plaquemines LNG will use GE Oil & Gas’s plant-wide LNG process system.

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