Venture Global: Roof Lifted on Third Plaquemines LNG Tank
09.15.2023 By Tank Terminals - NEWS

September 15, 2023 [LNG Prime]- US LNG exporter Venture Global LNG has completed raising the roof on the third storage tank at its Plaquemines LNG export plant in Louisiana.

 

Venture Global announced the completion of this milestone in a short social media post on Tuesday.

The firm completed raising the roof on the second tank in April and the first tank in February.

McDermott’s unit CB&I won a contract from a unit of Venture Global to build the first two LNG storage tanks as part of the first phase. The second phase includes two tanks as well.

Venture Global previously said the roof of the first tank weighs 900 tons and is 294 feet (89.6 meters) in diameter.

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.

Eventually, the tank will have an inner tank made from 9 percent nickel alloy and outer wall and outer roof made from concrete, it said.

Venture Global took a final investment decision in May last year 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 this 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.

Venture Global’s Plaquemines LNG plant recently received its first liquefaction modules.

Baker Hughes ships these modular units to the US from its manufacturing facility in Italy, the same as the firm did for Venture Global’s Calcasieu Pass project.

Venture Global hopes to start exports of LNG from the plant as soon as late 2024 and to complete the construction of both phases of the project by the end of 2026.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Oil and Gas Supply Chain Strategy: Why Energy Flows Are Now Strategic Infrastructure
07.06.2026 - NEWS
30 Jun 2026 [ Logisticsviewpoints ]- Oil and gas is commonly described in terms of commodities, ... Read More
Oil Markets Face a Billion-Barrel Restocking Problem After Hormuz Closure
07.06.2026 - NEWS
30 Jun 2026 [ StoneX Media ]- A deficit of roughly one billion barrels in global oil inventories... Read More
Why a Supply Crunch From Iran Could Send Oil Back Below $40 a Barrel
07.06.2026 - NEWS
Jun 30, 2026 [ Oilprice ]- There have recently been many warnings about near-term oil shortages ... Read More
Us Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With Trump
07.03.2026 - NEWS
July 03, 2026 [Reuters]- U.S. oil companies are set to report their strongest quarterly profits i... Read More