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Tue, Jul

LNG production begins at second phase of Plaquemines plant, sources say

LNG production begins at second phase of Plaquemines plant, sources say

World Maritime
LNG production begins at second phase of Plaquemines plant, sources say

Plaquemines has two phases with different customers and timelines for delivery of LNG. The phase two customers include ExxonMobil , Chevron, EnBW, New Fortress Energy, China Gas, Petronas and Excelerate Energy. They are not expected to receive their LNG until the company completes its commissioning in the middle of 2027, Venture Global has previously said.

By producing LNG from phase two now, Venture Global should be able to export the gas for two years at higher liquefaction fees before it is required to provide its long-term customers with LNG at lower fees.

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