Insight
Momentum builds towards Calcasieu Pass FID
Report summary
On 18 July 2019, Venture Global announced it had received binding commitments from a group of thirteen Asian, European and North American project finance banks to provide $5.8 billion in debt to finance construction of Calcasieu Pass LNG. The announcement is a further positive step for a project we expect to reach FID this year. The debt will be sold down in the retail market and therefore financing has not yet closed. However, this is a strong commitment from a core group of banks that suggests Venture Global has circled the debt it needs to build the 10 mmtpa project.
Table of contents
-
Event
- Implications
- Project risks
Tables and charts
This report includes 1 images and tables including:
- The second wave: recent FIDs & pre-FID marketing momentum
What's included
This report contains:
Other reports you may be interested in
16 December 2020
Q4 North America LNG projects update: developers signal change in strategy
Insight
Q4 North America LNG projects update: developers signal change in strategy
Developers are under pressure to make more progress on pre-FID projects and/or deliver better financial results. How is strategy changing?
$1,05013 December 2018
Q4 2018 North America LNG projects update: FIDs imminent on three Gulf Coast projects
Insight
Q4 2018 North America LNG projects update: FIDs imminent on three Gulf Coast projects
Cheniere, Venture Global, Sempra, Tellurian and Woodfibre all announced offtake agreements supporting new capacity.
$1,05030 September 2020
Q3 North America LNG projects update: momentum builds at Venture Global’s Plaquemines LNG
Insight
Q3 North America LNG projects update: momentum builds at Venture Global’s Plaquemines LNG
Venture Global is preparing to increase site work on its second LNG project
$1,050
