During its quarterly earnings call last week, Venture Global gave an update on the timeline of its pending and existing LNG facilities. The company plans to grow to 85 mtpa of LNG capacity by the end of 2029. As shown in the graph below from their report, this would make them the largest LNG exporter in the U.S. and the second-largest in the world. This plan includes two bolt-on expansions (the light-blue area of the VG bar in the chart) to be developed after CP2 Phases 1 and 2 are operational. There are bolt-on expansions at the CP2 site and at the Plaquemines site, each targeting FID in 2027. The former would have a 10 mtpa capacity (1.3 Bcf/d in feedgas) and the latter has 6.4 mtpa capacity (0.8 Bcf/d feedgas). Venture Global is targeting first production from these bolt-ons in late 2028 (at CP2) and 2029 (at Plaquemines).
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Mustang Sally – Mustang Express Gas Pipeline to Help Feed Massive LNG Growth Near Sabine River
ARM Energy Holdings has reached a final investment decision for the 2.5-Bcf/d Mustang Express Pipeline, which will support Sempra Infrastructure’s Port Arthur LNG Phase 2, the latest of several major LNG projects in the Sabine River area to reach FID. The pipeline is intended to act as a regional header system with a route designed to offer maximum optionality and connectivity. In today’s RBN blog, we’ll discuss what the pipeline could mean for regional gas flows.
Eye of the Eiger – Plan to Expand Eiger Express Gas Pipeline Shows Confidence in Growth Scenario
Underpinned by new shipper commitments, a WhiteWater Midstream-led team has upsized the capacity of its planned 2.5-Bcf/d Eiger Express Pipeline to a whopping 3.7 Bcf/d. In today’s RBN blog, we’ll discuss the expansion plan.
Greenlight – How LNG Projects Really Get to FID and What it Takes to Be Part of the Gulf Coast Wave
The U.S. LNG industry has experienced monumental growth and there’s a hefty slate of additional projects somewhere along the path to a final investment decision, each with its own hurdles and timelines. Getting across that FID finish line can be quite arduous.
