Venture Global revealed this in an SEC filing on Thursday.
For the quarter ended March 31, 2025, Venture Global exported 34 cargoes from its Calcasieu Pass facility, realizing a weighted average fixed liquefaction fee of $8.80/MMBtu, it said.
The 10 mtpa Calcasieu Pass facility consists of 18 modular units configured in 9 blocks.
Venture Global just received approval from the US FERC to launch operations of its entire Calcasieu Pass LNG terminal in Louisiana.
In February, Venture Global said it expects to launch commercial operations at its Calcasieu Pass LNG terminal in April, some 68 months from its final investment decision and 38 months after production start.
Venture Global announced that it has notified its long-term customers that its Calcasieu Pass facility will start commercial operations on April 15, 2025.
Plaquemines LNG
Venture Global said in the filing that it has exported 29 cargoes from its Plaquemines LNG facility in Louisiana during the first quarter.
The firm realized a weighted average fixed liquefaction fee of $7.26/MMBtu.
“For the quarter ended March 31, 2025, we exported two DES cargoes from our Plaquemines LNG facility on our owned or chartered LNG vessels that will be recognized in the following quarter,” Venture Global said.
This week, Venture Global received approval from the US FERC to commission the liquefaction train system block 10 with nitrogen at its Plaquemines LNG export plant.
This is the first liquefaction block of the second Plaqumines LNG phase.
In February, Venture Global received approval from FERC to introduce natural gas to the ninth liquefaction block at the Plaquemines LNG terminal as part of the plant’s commissioning process.
The company took a final investment decision on the first phase of the Plaquemines project with a capacity of 13.3 mtpa and the related pipeline in May 2022.
In March 2023, the company sanctioned the second phase of the Plaquemines LNG export plant in Louisiana and also secured $7.8 billion in project financing.
The full project, including the second stage, features 36 modular units, configured in 18 blocks.
Each train has a capacity of 0.626 mtpa.
Venture Global is targeting a COD (commercial operations date) for the Plaquemines project in the fourth quarter of 2026 for Phase 1 and in mid-2027 for Phase 2.
