News Post
Venture Global LNG selects technology for Louisiana LNG export facilities
WASHINGTON -- Venture Global LNG, Inc. has selected GE Oil & Gas as a strategic partner to provide a plant-wide technology solution for its LNG export facilities under development in Louisiana.
Under the agreement, GE Oil & Gas will leverage advanced technologies from across the broader GE portfolio to deliver a power, pretreatment and LNG liquefaction system. The agreement provides for the delivery of a complete LNG process system with defined schedule, price and performance standards – all backed by GE, a recognized technology leader in the LNG industry.
"This transaction is an LNG industry precedent-setting event. It will materially reduce project costs and risks and accelerate dramatically construction schedules. GE Oil & Gas is committed to this market and their product suite,” said Mike Sabel and Bob Pender, Venture Global LNG, Inc. co-CEOs. “This, combined with their proven excellence in assembly, fabrication and service solutions, aligns with our low-cost strategy. GE Oil & Gas is a world-class company and an excellent partner who shares our vision for the future of baseload plants built with highly efficient, mid-scale liquefaction blocks."
Venture Global LNG is a US-based LNG export company that is developing both the 10 MTPA Venture Global Calcasieu Pass facility on an approximately 1,000-acre site located at the intersection of the Calcasieu Ship Channel and the Gulf of Mexico, and the 20 MTPA Venture Global Plaquemines LNG facility in Plaquemines Parish, Louisiana on an approximately 630-acre site at river mile marker 55 on the Mississippi River, which is approximately 30 miles south of New Orleans, Louisiana.
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