Inform

Venture Global breaks the mould with FID for Calcasieu Pass LNG

Get this report

$1,050

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

22 August 2019

Venture Global breaks the mould with FID for Calcasieu Pass LNG

Report summary

The FID is a huge achievement. It followed financial close on $5.8 billion in debt financing, which, in addition to Stonepeak's earlier commitment of $1.3 billion in equity financing, enables Venture Global to move forward with full construction. Notice to proceed was issued to Baker Hughes GE for the supply of 18 modularized trains that will provide 10 mmtpa of nameplate capacity. Venture Global is targeting start up in 2022. If it succeeds in delivering the Calcasieu Pass LNG project, it could be disruptive to the LNG industry. Calcasieu Pass will be the world's largest-scale modularized LNG plant - a "plug and play" design concept aimed at delivering the lowest-cost US LNG.

Table of contents

    • Implications
    • A business disruptor?

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:

  • Document

    Venture Global breaks the mould with FID for Calcasieu Pass LNG

    PDF 789.54 KB

Trusted by leading organisations