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Next US LNG Export Plant Aims to Begin Production in Mid-2024 [Financial Post (Toronto, Ontario, Canada)]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Venture Global LNG Inc. expects to begin production at its second liquefied natural gas export facility in Louisiana in mid-2024, further cementing to the US as the world's biggest supplier of the super-chilled fuel. The Arlington, Virgina-based company requested approval to receive an LNG shipment to cool down its equipment as part of its start-up process at the Plaquemines LNG facility, according to a regulatory filing dated April 22. That's a key step before LNG exports can begin. Article content Article content The shale revolution has unlocked vast reserves of natural gas across the US, pushing the country to overtake Qatar and Australia as the top LNG exporter last year. US deliveries are slated to double by the end of the decade, as demand across Asia rapidly grows and Europe moves to replace Russian pipeline gas. Plaquemines, which is Show less Read more
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