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
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
