The strategy balances continuing state support for legacy energy investments with an aggressive pursuit of clean energy and emissions-reduction projects. John Bel Edwards has adopted an “all-of-the-above” approach to energy sector development.
Once defined narrowly as an “oil and gas state,” Louisiana under Gov. The CP2 LNG project is actively selling contracts and on pace to begin operations in 2027. The company announced in later 2021 that it will invest more than $10 billion in a second LNG facility in Cameron Parish, named CP2, that will employ carbon capture and sequestration technology (CCS) in an effort to reduce carbon emissions. It was described by the company at the time as the “largest project financing transaction in the world to close in 2022.” First LNG is expected in 2024. When the final investment decision was announced in May 2022, the original $8.4 capital investment projection had increased to $13.2 billion (+47%). VG announced in 2016 it would build a second Louisiana LNG facility in Plaquemines Parish.
Venture global lng salary full#
CP1 shipped its first LNG export in March and expects to be operating at full capacity in 2023. The company has invested more than $30 billion and created more than 500 direct jobs in Louisiana since it unveiled its $4.25 billion plan for the first Cameron Parish LNG project eight years ago. Headquartered in Arlington, Virginia, Venture Global LNG is a worldwide provider of U.S.
Louisiana continues to establish itself as a leader in the energy transition and the energy industry as a whole, as evidenced by three recent multi-billion dollar investments from Venture Global LNG. Subsequent vessels supplied LNG to Europe during a critical supply crunch. The Greek-flagged carrier Yiannis loaded the first LNG cargo from the Venture Global Calcasieu Pass export facility in March 2022.
0 kommentar(er)
