U.S. regulators approve Louisiana LNG project over climate objections

Federal regulators on Thursday approved a Louisiana liquefied natural gas project that has been a lightning rod for environmental activists and a litmus test for the Biden administration’s energy policies.

The multi-billion-dollar export plant proposed by Venture Global LNG would supply 20 million metric tons a year of the superchilled gas to customers in Europe, Japan, China and to U.S. exporters. Venture Global was not immediately available for comment. FERC’s approval clears the way for Reston, Virginia-based Venture Global LNG to become the second-largest U.S. LNG exporter, behind Cheniere Energy. The company has two plants operating or under development in Louisiana and aims to build 100 million tons of LNG capacity in the future.

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Venture Global Must Share Confidential Information in LNG SpatUS energy regulators have ordered privately held LNG producer Venture Global LNG Inc. to disclose confidential information to its customers embroiled in a contract dispute over its new facility in Louisiana.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Aramco May Take Stake in Sempra’s US Gas Plant With LNG SupplySaudi Aramco expanded its drive to tap into US energy supply with an initial agreement to buy a stake in Sempra’s Texas liquefied natural gas export plant in a deal that would include fuel shipments from the project.
Source: BNNBloomberg - 🏆 83. / 50 Read more »