The U.S. Department of Energy (DOE) yesterday issued an order to Venture Global Plaquemines LNG, LLC (Plaquemines LNG) approving exports of domestically produced liquefied natural gas (LNG) from the Plaquemines LNG Project. The project will be located on the Mississippi River, in Plaquemines Parish, La., approximately 20 miles from the Port of New Orleans.
Plaquemines LNG will have authority to export up to 3.4 billion cubic feet per day (Bcf/d) of natural gas as LNG from the proposed Plaquemines LNG Project. Plaquemines LNG is authorized to export this LNG by ocean-going vessel to any country with which the United States does not have a free trade agreement (FTA) requiring national treatment for trade in natural gas, and with which trade is not prohibited by U.S. law or policy.
The Federal Energy Regulatory Commission (FERC) authorized Plaquemines LNG to site, construct, and operate the Plaquemines LNG Project on September 30, 2019.
Including this latest announcement, DOE has approved 38.06 Bcf/d of exports in the form of LNG and compressed natural gas to non-FTA countries. Of this approved amount, approximately 15 Bcf/d of export capacity is in various stages of operation and construction across eight large-scale export projects. Among the LNG export projects currently under construction is Venture Global’s Calcasieu Pass project, which recently reached a final investment decision after having received its final regulatory approvals from the Federal Energy Regulatory Commission and DOE earlier this year.
The United States is the top natural gas producer in the world and is currently producing nearly 92 Bcf/d of natural gas. LNG exports from the United States recently reached 5 Bcf/d.