Venture Global announced on Monday that it filed with the US Federal Energy Regulatory Commission (FERC) its application for the permitting and approval of the Plaquemines LNG brownfield expansion project.
In addition, Venture Global has filed with the US Department of Energy (DOE) for the export authorizations associated with this expansion.
In March, Venture Global began the pre-filing process at the US FERC for the $18 billion brownfield expansion of its Plaquemines LNG terminal.
The company said then that the project would comprise 24 LNG trains and certain related infrastructure expected to produce “at least 18.6 mtpa.”
After that, Venture Global added four more liquefaction blocks to the proposed brownfield expansion in July.
As a result of this modification, the proposed production capacity of the project increased from approximately 18.6 mtpa to approximately 24.8 mtpa.
More than 30 mtpa
However, Venture Global has now added further capacity to the planned expansion.
Venture Global has since March increased the expected output from this project by “nearly 40 percent from the previously announced plans due to the continued optimization of our liquefaction trains and strong market demand,” the company said on Monday.
This bolt-on expansion will be built incrementally in three phases and consist of 32 modular liquefaction trains, adding in total over 30 mtpa in peak production capacity, according to Venture Global.
Venture Global said this would bring the total peak production capacity across the entire Plaquemines complex to over 58 mtpa.
As previously stated, the commercial operations timelines for Phase I and Phase II “remain unchanged,” the firm added.
“Incrementally expanding Plaquemines is a logical and economically efficient opportunity to build on our strong existing infrastructure,” said Venture Global CEO Mike Sabel.
“This strategic step provides Venture Global with the optionality to develop a scalable project that can efficiently meet market needs as they evolve,” he said.
Venture Global 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, while the company sanctioned the second phase in March 2023.
The full project, including the second stage, features 36 modular units, configured in 18 blocks. Each train has a capacity of 0.626 mtpa.
Earlier this year, Venture Global also received approval from FERC to boost the capacity of its Plaquemines LNG terminal to 27.2 mtpa.
In December 2024, Venture Global shipped the first Plaquemines LNG cargo.
Venture Global expects to ship 234 – 238 cargoes from the Plaquemines project in 2025, inclusive of the 144 cargoes it exported from the project in the first nine months of this year.
