Country for PR: United States
Contributor: PR Newswire New York
Tuesday, November 24 2020 - 10:23
AsiaNet
Venture Global LNG Awards KBR EPC Contract for Plaquemines LNG Export Facility
ARLINGTON, Va., Nov. 24, 2020 /PRNewswire-AsiaNet/ --

Venture Global LNG, Inc. announces that KBR has been awarded the engineering, 
procurement and construction (EPC) contract as lead contractor for Phase 1 of 
the Plaquemines LNG export project currently under development in Plaquemines 
Parish, Louisiana.  KBR will integrate highly modularized, owner-furnished 
equipment for the 10 million tonnes per annum (MTPA) nameplate facility, 
identical to the systems being successfully delivered and installed at Venture 
Global LNG's Calcasieu Pass project.

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Mike Sabel, Executive Co-Chairman and CEO stated, "KBR has an exceptional 
record in the LNG industry, having designed and delivered approximately a third 
of the liquefaction capacity worldwide.  They recognize that our innovation of 
mid-scale, modular trains manufactured in a factory setting and delivered 
complete to site is revolutionizing this industry.  Plaquemines LNG will deploy 
Venture Global's liquefaction trains 19 through 36, identical to the 18 trains 
currently being fabricated and delivered to our Calcasieu Pass LNG project. 
This contract with KBR will allow us to bring a second world-class, 
mechanically complete LNG production facility to the market, on our schedule 
and budget."

Executive Co-Chairman Bob Pender added, "KBR brings more than a century of 
global experience to the Plaquemines LNG project and shares our commitment to 
on-time, on-budget execution and the safest possible work environment for our 
employees and partners.  As we approach the commencement of early site works 
for Plaquemines LNG, we are excited to use the experience gained at Calcasieu 
Pass – where we are already connecting our first liquefaction trains – to 
further improve upon the successful approach we've developed."

The Plaquemines LNG project has received all required regulatory approvals and 
has signed binding 20-year offtake agreements with PGNiG (2.5 MTPA) and EDF (1 
MTPA) for 3.5 MTPA of the project's capacity.  

About Venture Global LNG
Venture Global LNG is a long-term, low-cost provider of U.S. LNG to be supplied 
from resource rich North American natural gas basins.  The company is currently 
constructing or developing 50 MTPA of production capacity in Louisiana to 
provide clean, affordable energy to the world.  More can be found at 
www.venturegloballng.com. 

SOURCE  Venture Global LNG, Inc.

CONTACT: Venture Global investor contact: Leah Woodward, D: +1-202-759-6746, 
lwoodward@vglng.com, Venture Global media contact: Jessica Wickett, D: 
+1-202-759-6739, jwickett@vglng.com 
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