Skeptical: Venture Global Says 2nd LNG Export Plant Ready Mid-2024
According to a Bloomberg article, Venture Global LNG Inc. expects to begin production at its second liquefied natural gas export facility in Louisiana in mid-2024. The new facility is called Plaquemines LNG, located in Plaquemines Parish, Louisiana, approximately 20 miles south of New Orleans. Venture Global has asked the Federal Energy Regulatory Commission (FERC) for permission to import up to three LNG cargoes to test the facility before it’s ready to go. But then, will Venture Global claim it’s not ready for another 2+ years as they have with its first facility, the Calcasieu Pass LNG export facility in Cameron Parish, Louisiana?
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Two days ago, MDN reported that an LNG cargo vessel had left the Freeport LNG dock partially loaded (see 

Things may finally be turning around for the problem-plagued Freeport LNG export facility located in Quintana, Texas. Last week we reported gas flows to the facility had dropped to “near zero” for at least five days in a row (see
Berkeley Research Group (BRG) published a very important new study yesterday that has Big Green tied up in knots. The study, “Comparative GHG Footprint Analysis for European and Asian Supplies of USLNG, Pipeline Gas, and Coal” (full copy below), analyzes methane (CH4) and carbon dioxide (CO2) emissions across leading fuel supply chains for power generation in 13 European and Asian end markets. The study has been under development since 2021. It uses a “bottom-up methodology” to arrive at a comprehensive comparison of the emissions intensity of the primary fuel sources, as well as continuously updated data from numerous sources. It’s far more rigorous and reliable than the typical Big Green propaganda that relies on aggregated emissions information to develop general theoretical conclusions. This is real science.
The EIA says the U.S. natural gas trade will continue to grow with the startup of new LNG export projects. In a Today in Energy post, the EIA says (based on its recent Short-Term Energy Outlook report) that it expects U.S. LNG exports will increase just 2% this year over last year. However, in 2025, LNG exports will soar by 18% due to three new LNG export facilities currently under construction that will come online next year.
From time to time, so-called experts will come out of the woodwork to proclaim that burning coal is better for the environment than burning natural gas. Cornell professors Robert Howarth and Anthony Ingraffea (Ingraffea is now retired) attempted to make that case back in 2011 (see
The United States exported 10% more natural gas in 2023 than it did in 2022 — a record of 20.9 billion cubic feet per day (Bcf/d), according to the U.S. Energy Information Administration’s (EIA) Natural Gas Monthly report. U.S. liquefied natural gas (LNG) exports accounted for more than half of all U.S. natural gas exports, and natural gas exports by pipeline to Canada and Mexico accounted for the remainder. You don’t often think about the fact that we export a huge amount of natural gas to our two neighbors via pipeline — Canada in the north and Mexico in the south. We exported 8.9 Bcf/d to Canada and Mexico combined (43% of all exported gas) and 12.0 Bcf/d via LNG (57%).
Yesterday, the Pennsylvania House Republican Policy Committee held a hearing called “Fueling Pa’s Future: Liquid Natural Gas.” In January, Joe Biden announced he would “pause” any approvals for new LNG export plants (currently 17 requests in the pipeline) for at least one year while his people fart around pretending to figure out how to measure global warming as a new consideration for whether or not to approve projects (see
Back on Jan. 3, we brought you the news (from Reuters) that the U.S. became the #1 exporter of LNG in the world in 2023 (see
As we told you last week, the problem-plagued Freeport LNG export plant continues to be mostly offline following an episode of cold temps in January (see