USA: Venture Global Wins DOE FTA LNG Export Approval
Venture Global LNG said it has won an approval from the US Department of Energy to export LNG from a proposed terminal in Louisiana to countries that have free trade agreements with the US.
On May 13, Venture Global LNG filed an application with the Office of Fossil Energy of the Department of Energy (DOE) for long-term, multi-contract authorization, to export LNG produced from domestic sources in an amount up 5 mtpa from the proposed Venture Global LNG project located in Cameron Parish, Louisiana, for a 25-year term.
Venture Global said that the requested export amount is equivalent to approximately 243.6 billion cubic feet (Bcf) per year (Bcf/yr) of natural gas, which is equivalent to 0.67 Bcf per day.
Venture Global plans to export LNG from the project’s proposed liquefaction facilities and terminal to be located at a site of approximately 69 acres at the entrance of the Calcasieu Ship Channel in Cameron Parish in Southwest Louisiana.
LNG World News Staff, October 22, 2013; Image: Venture Global LNG