![]() “We are proud to be part of Venture Global’s unique and innovative Calcasieu Pass project and overall LNG model,” stated Jill Evanko, Chart’s President and CEO. Chart will deliver the equipment on a multi-year schedule in conjunction with BHGE and Kiewit. On Tuesday, August 20, 2019, BHGE announced that it has been awarded a contract and granted notice to proceed on the construction of a comprehensive LNG technology solution for the project. Full site construction began in February 2019 and the Commercial Operations Date is expected in 2022.Īt the end of March 2019, Chart booked the full equipment order of $135 million for the Calcasieu project from Baker Hughes, a GE company (BHGE). The proceeds of the debt and equity financing fully fund the balance of the construction and commissioning of Calcasieu Pass. This week Venture Global announced final investment decision (FID) and the closing of the project financing for their Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana. (NASDAQ: GTLS) has received full notice to proceed (“FNTP”) for the production of cold boxes and brazed aluminum heat exchangers for Venture Global’s 10 MTPA Calcasieu Pass liquefied natural gas (LNG) export terminal project. 21, 2019 (GLOBE NEWSWIRE) - Chart Industries, Inc. producers a tremendous financial incentive to run at or slightly above full capacity this winter.ATLANTA, Aug. The cold-blasted continent became the top destination for American spot cargoes, giving U.S. Those cargoes will most likely be sold to ease an unprecedented energy crisis in Europe. In turn, according to Bloomberg, Calcasieu Pass holds long-term supply deals with nine international buyers but will be able to sell cargoes made during its months-long startup process on the spot market. ![]() Analysts estimate the cost of building the facility at around $4.5bn. Photo: DNVĪccording to Refinitiv information quoted by the agency, the Calcasieu facility started producing LNG around 19 January this year.Īs Reuters reports, Venture Global is installing 18 modular liquefaction units configured in nine blocks at Calcasieu to produce about 10 million tonnes of LNG annually. However, the agency cautioned that Venture Global representatives did not confirm this information. According to Refinitiv, quoted by the agency, “this is likely to be the first tanker to collect cargo from this facility”. It added that the gas carrier Yiannis arrived at the terminals on Monday. Venture Global LNG received permission from federal energy regulators on Friday to load LNG into the first tanker at the Calcasieu Pass LNG export terminal in Louisiana. (1.5 million tonnes of LNG per year).Īccording to Reuters on Monday, U.S. The company stresses that from 2023, supplies from this terminal will be received by PGNiG under one of its contracts to purchase gas from the U.S. It was noted that PGNiG would receive the supplies from this terminal from next year.Īs PGNiG indicated in a Twitter post on Monday, Venture Global LNG has received permission for the first LNG loading at the Calcasieu Pass terminal. ![]() The American company Venture Global LNG has obtained permission for the first loading of LNG at the Calcasieu Pass terminal – Polish Oil and Gas Company (Polskie Górnictwo Naftowe i Gazownictwo – PGNiG) said on Monday, 14 March. ![]()
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