24
Fri, Jan

Update: Venture Global ships first Plaquemines LNG cargo to Germany

World Maritime

Venture Global’s 174,000-cbm newbuild carrier, Venture Bayou, is expected to deliver the shipment to Germany’s Brunsbüttel around January 8, Venture Bayou's AIS data provided by VesselsValue shows. Brunsbüttel is

targeting a COD (commercial operations date) for the Plaquemines project in the third quarter of 2026 for Phase 1 and the second quarter of 2027 for Phase 2.

In May 2022, 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. It also secured $13.2 billion in project financing.

In March last year, 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, will have a capacity of 20 mtpa coming from 36 modular units, configured in 18 blocks.

Each train has a capacity of 0.626 mtpa.

(Updated with a statement by Venture Global LNG.)

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