The New Louisiana LNG Plant To Deliver Its First Fuel

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According to gas supply statistics, a liquefied natural gas vessel docked at Venture Global’s Calcasieu Pass export facility in Louisiana as reported by Ekathi Merini.

Slated to depart

Since early February it is nearly loaded and ready to join a stream of US LNG tankers bound for Europe.

The Greek-flagged ship Yiannis is slated to depart at a time when LNG demand and prices have risen dramatically.

To alleviate shortages caused by lower output and limited pipeline flows, an armada of vessels carrying US LNG has been sailing to Europe.

The new plant has cranked up its processing, taking a high of nearly 500 million cubic feet of gas on Thursday, indicating “operations are running well,” according to Matt Murphy, an analyst at Tudor, Pickering, Holt & Co.

Vessel tracking

According to Refinitiv vessel tracking data, the Yiannis is expected to arrive in Dunkirk, France, in early March with a cargo of about 153,900 cubic metres of LNG.

A spokeswoman for Venture Global declined to comment on the vessel’s loading or scheduled departure.

The vessel has been chartered by JERA Co, Japan’s largest power generator and one of the world’s top LNG consumers, according to energy dealers.

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Source: Ekathi Merini