Baker Hughes To Supply Liquefaction Train Systems To Venture Global

    Baker Hughes And Venture Global Announce Expanded Master Equipment Supply Agreement To Support Venture Global’s Long-Term Expansion Plan To Boost LNG Production To More Than 100 MTPA Across Its Current And Future Projects Both In And Outside Of Louisiana

    By
    ESG Review Staff
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    Venture Global LNG modules in route to Calcasieu Pass LNG. (Image Courtesy Of Venture Global LNG)

    Venture Global LNG announced its long-term expansion plan to increase production from 70 MTPA to more than 100 MTPA of nameplate liquefied natural gas (LNG) export capacity. To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture Global’s future LNG export projects. The expanded agreement was announced on the margins of Gastech in Singapore in the presence of Venture Global Chief Executive Officer (CEO) Mike Sabel and Baker Hughes Chair and CEO Lorenzo Simonelli.

    Calcasieu Pass LNG featured midscale liquefaction trains and refrigerant compressor skids that were shipped to Louisiana from Baker Hughes’s manufacturing facility in Avenza, Italy. (Image Courtesy Of Venture Global LNG)

    Venture Global continues to execute and achieve major milestones at each of its projects. Cargoes originating from its Calcasieu Pass project have been delivered to 24 countries and accounted for approximately 10% of the LNG exported from the United States to Europe in 2022 and 2023. Venture Global has taken final investment decision (FID) on both phases of its 20-MTPA nameplate Plaquemines LNG facility, which is on target to produce first LNG in 2024. By early September, Plaquemines LNG will have received the first four liquefaction train modules (Blocks 1 and 2) and the roof will be raised on its third LNG storage tank. The company expects to commence construction of its CP2 LNG facility later this year following receipt of Federal Energy Regulatory Commission authorization. To date, 9.25 MTPA of CP2 LNG’s 20-MTPA nameplate capacity has been sold under 20-year sale and purchase agreements. Baker Hughes, as a strategic LNG-equipment supplier to Venture Global, provided comprehensive LNG technology solutions to the Calcasieu Pass LNG facilities, and will provide the same to the currently under-construction Plaquemines LNG facility.

    Location of CP2 LNG and Calcasieu Pass LNG south of Lake Charles, Louisiana, and Plaquemines LNG and Delta LNG located south of New Orleans near the mouth of the Mississippi River. (Image Courtesy Of Venture Global LNG)

    “Venture Global is thrilled to announce our long-term plan to expand LNG production both in and outside of Louisiana, building on the momentum of our first three projects — Calcasieu Pass, Plaquemines LNG, and CP2 LNG,” said Sabel. “Now more than ever we are committed to our mission of delivering low-cost LNG at a larger scale to support the world’s growing demand for energy security, prosperity, and environmental progress.”

    CP2 Express Pipeline Project Route (Image Courtesy Of Venture Global LNG)

    “Natural gas will continue to play a critical role as a bridging and destination fuel for the energy transition. We are proud of our longstanding collaboration with Venture Global LNG and continue to support their plan to expand LNG production to address global energy demand,” said Simonelli. “Building on our positive track record for the Calcasieu Pass and Plaquemines LNG projects, we look forward providing Venture Global with our proven technology solutions to enable faster time to LNG, a key advantage to our modular LNG design.”

    Plaquemines LNG Site Rendering (Image Courtesy Of Venture Global LNG)

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