![]() It was raised from ground level to top of the wall height of 130 feet. The tank dome was raised in 71 minutes using 0.3 psi of pressure underneath the roof. Air raising allows for better and safer access as well as a faster construction schedule, as the roof can be erected concurrently with the shell. The roof weighs 900 tons and is 294 feet in diameter. When operational it will be capable of storing 200,000 m3 of LNG. This is the second tank of four in total for Plaquemines LNG. "With Phase One deep into construction and our recent FID and full notice to proceed on Phase Two, Plaquemines is well positioned to be the next new major LNG capacity to reach the global market." "Today represents another major milestone in the construction of Plaquemines LNG, with both roofs now raised for the tanks serving Phase One," said Mike Sabel, CEO of Venture Global LNG. This major project milestone was completed ahead of schedule and comes just seven weeks after the roof raising for tank one. In addition, it has drawn on its extensive gas user base to form a comprehensive business portfolio of value-added services, urban heating, new energy, electricity distribution and sales, and charging stations.ARLINGTON, Va., Ap/PRNewswire/ - Today, Venture Global LNG announced the successful raising of the roof of the second LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana. The Group also builds and operates CNG/LNG fueling stations while developing and applying natural gas and LPG technologies. Focusing on China, it is primarily engaged in the investment, construction, and operation of city and township gas pipelines, gas terminals, storage and transport facilities, and logistics systems, delivering natural gas and LPG to residential, industrial, and commercial users. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities.Ĭhina Gas Holdings Limited ("China Gas", HKEX: 00384) is one of China's largest trans-regional, integrated energy suppliers and service providers. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. Venture Global's first facility, Calcasieu Pass, commenced producing LNG in January 2022. LNG sourced from resource rich North American natural gas basins. ![]() Venture Global is a long-term, low-cost provider of U.S. Importantly, low-cost LNG supplied to the region will accelerate fuel switching and lower carbon emissions, contributing meaningfully to China and the world's existing climate targets." ![]() Through relentless execution and innovation, our company will continue to bring much needed new capacity to the global LNG market, supporting energy security and environmental progress both in Asia and Europe. ![]() ![]() Mike Sabel, Chief Executive Officer of Venture Global LNG said, "Venture Global is pleased to welcome China Gas as a customer both at Plaquemines and CP2. We look forward to working with Venture Global over the coming years to help further reduce greenhouse gas emissions." These two SPAs increase additional volume for our LNG portfolio and strengthen China Gas's supply ability. Ltd., said "As a major participant in China's energy market, we are committed to providing reliable and low-carbon LNG to Chinese customers. Liu Minghui, Chairman and President of China Gas Holdings Co. Under the deals, China Gas will buy 1 million tonnes per annum (MTPA) of LNG on a free on board (FOB) basis from Plaquemines LNG and another 1 MTPA from the CP2 LNG export facility, both in Louisiana. 24, 2023 /PRNewswire/ - Today, Venture Global LNG and China Gas Holdings Limited ("China Gas" or the "Group" stock code: 384), a leading natural gas operator in China, announced that the wholly-owned subsidiary China Gas Hongda Energy Trading Co., LTD ("China Gas Hongda") and Venture Global LNG ("Venture Global"), have signed two 20-year LNG Sales and Purchase Agreements (SPA). Deal Ensures Two Million Tonnes of LNG Supply per YearĪRLINGTON, Va., Feb. ![]()
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