Venture Global to sell 0.7 mtpy of Plaquemines LNG output to Excelerate
Feb. 28, 2023
Venture Global LNG Inc. and Excelerate Energy Inc. have executed a 20-year LNG sales agreement, with Excelerate purchasing 0.7 million tonnes/year (tpy) on a free-on-board basis from Venture Global’s 20-million tpy Plaquemines LNG plant in Plaquemines Parish, La.
Last week, Venture Global executed two 20-year agreements with China Gas Hongda Energy Trading Co. Ltd., one for 1 million tpy from Plaquemines LNG and another for 1 million tpy from the company’s 20-million tpy CP2 LNG plant, under development in Cameron Parish, La. (OGJ Online, Feb. 24, 2023).
The roof weighs 900 tons and is 294 ft in diameter. Air raising it allowed for better and safer access as well as a faster construction schedule, Venture Global explained, as the roof was erected concurrently with the 130-ft. tall shell. Eventually, the tank will include a 9%-nickel alloy inner tank and an outer wall and outer roof made from concrete to provide full containment of the LNG.
