Calcasieu Pass adds to US LNG second wave
Venture Global takes the third Gulf Coast export FID of the year, even as questions over pricing grow
US LNG developer Venture Global sanctioned the final investment decision (FID) on its 10mn t/yr Calcasieu Pass LNG terminal in August, the third project to get greenlighted this year. And the Federal Energy Regulatory Commission (Ferc) has two other Gulf Coast projects with the status "under construction"—one that took FID in 2018 and one expected to do so imminently. Calcasieu Pass joins Golden Pass LNG and Sabine Pass LNG Train 6 in the 2019 FID club. US LNG marketer Cheniere took FID on Corpus Christi Train 3 in May 2018, while Tellurian, a new entrant, is due to take FID on its 27.6mn t/yr Driftwood LNG project later this year. The five "under construction" projects add up to a hefty 63.
Also in this section
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.
22 July 2025
Pedro Miras is the serving President of WPC Energy for the current cycle which will culminate with the 25th WPC Energy Congress in Riyadh, Saudi Arabia in April 2026. He has over 30 years of experience in the energy sector, including stints with Repsol and the IEA. Here he talks to Petroleum Economist about the challenges and opportunities the global energy sector currently faces.
17 July 2025
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends
