Page 9 - GLNG Week 48 2021
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GLNG                                       NEWS IN BRIEF                                              GLNG








       AMERICAS                            took place at Celse’s terminal in Barra dos   Venture Global and
                                           Coqueiros (SE), followed by the GNA’s
       Teekay LNG announces                terminal at Açu Port (RJ).           Louisiana Governor John
                                             Only in October, there were six STS
       updates on required                 operations, one of which with a Q-FLEX   Bel Edwards announce
                                           vessel, considered one of the largest in the
       approvals for merger with           world with a capacity of 215,000 cubic metres   proposed CP2 LNG export
                                           of gas: a record for the sector. By the end of
       Stonepeak                           this year, five more operations are planned in   facility
                                           Sergipe. “The year of 2022 also promises good
       Teekay LNG Partners today announced that   results for the port support market in the   Today, Venture Global LNG and Louisiana
       at a special meeting of common unitholders   LNG sector. Three new terminals should go   Governor John Bel Edwards announced
       of the Partnership held on December 1, 2021,   into operation, such as the one in Barcarena,   the company will invest more than $10bn
       its common unitholders voted to approve the   the Gas Sul in Santa Catarina and the third in   to develop a fourth LNG export facility in
       proposed acquisition by merger of Teekay   Suape”, highlights Elísio Dourado, commercial   the State of Louisiana. The new project,
       LNG by Stonepeak Limestone Holdings   director of the unit.              CP2 LNG (CP2) will be located in Cameron
       (formerly known as Stonepeak Infrastructure   Today, five LNG terminals, which use   Parish, adjacent to Venture Global’s first
       Fund IV Cayman (AIV III) LP).       FSRUs, are in operation in Brazil. There are   facility, Calcasieu Pass. This announcement
         In addition, Teekay LNG has received all   three from Petrobras, one from Celse and   brings Venture Global’s total planned capital
       required customer approvals to complete the   one from GNA. Wilson Sons operates at the   investment in the State of Louisiana to more
       merger.                             Petrobras unit in Pecém (CE), in addition   than $20bn. CP2 will result in thousands
         Upon closing of the merger, Teekay LNG’s   to Celse and GNA terminals. “The outlook   of good paying jobs and an estimated $2bn
       common unitholders will receive $17.00 per   remains positive in the medium term, with   in new local revenue during the life of the
       common unit in cash. The merger is currently   the possibility of new operators entering the   project. The direct new jobs created by the
       anticipated to close in mid-January 2022.  market for gas to wire projects, when the   project will have average annual salaries of
       TEEKAY LNG PARTNERS, December 01, 2021  thermoelectric plant is installed close to the   $120,000 plus benefits.
                                           natural gas producing field, and small scale    “Venture Global is proud to continue our
       Wilson Sons has a record            (LNG on a small scale)”, evaluates Dourado.  expansion in Louisiana with the launch of our
                                                                                next project, CP2 LNG. CP2 will be located
                                             The company is prepared to meet the
       for ship-to-ship LNG                increased demand. With 80 tugs, it has   in Cameron Parish, adjacent to our existing
                                                                                Calcasieu Pass terminal. These two projects,
                                           the largest and most powerful fleet on
       operations in the towage            the Brazilian coast – 93% of the tugs have   combined with our Plaquemines LNG facility
                                           azimuthal propulsion (ASD) and four are
                                                                                now under construction, represent more than
       division                            escort tugs – and, this year, the construction   $20bn of investment in the State of Louisiana
                                                                                and will create thousands of jobs – including
                                           of a series of six other high-powered vessels
       With the increase in the activity of   has begun in the Wilson Sons shipyard in   both permanent and construction jobs,” said
       thermoelectric plants in 2021, Wilson Sons   Guarujá (SP). “The new units will have IMO   Venture Global CEO Mike Sabel. “With two
       registered in the last 10 months a record of   TIER III standard, with a reduction of more   major LNG export projects currently under
       ship-to-ship operations (STS). The company’s   than 75% of the emissions of nitrogen oxides,   active construction, Venture Global is on a
       towage unit operated in more than 15   which is considered a greenhouse gas”, says   mission to produce the cleanest, low-cost
       operations to transfer liquefied natural gas   the director.             LNG in North America. We are proud to
       (LNG) from gas tankers to Floating Storage   WILSON SONS, December 02, 2021  partner with Louisiana in these efforts and in
       Regasification Units (FSRU): most of which                               developing Carbon Capture and Sequestration
                                                                                (CCS) for our facilities. Under the leadership
                                                                                of Governor John Bel Edwards, Louisiana
                                                                                is enhancing its status as an international
                                                                                hub for innovation to tackle the energy and
                                                                                climate challenges of our time.”
                                                                                  “Venture Global has invested significantly
                                                                                in Louisiana’s economy, and I am proud
                                                                                to celebrate this exciting new project with
                                                                                them,” said Louisiana Governor John Bel
                                                                                Edwards. “The CP2 facility in Cameron will
                                                                                create more than 1,000 new permanent jobs
                                                                                and thousands of construction jobs in the
                                                                                area, which will have a significant impact on
                                                                                our economy. And it is incorporating clean
                                                                                energy technology that reduces the amount of
                                                                                CO2 released into the atmosphere, which is
                                                                                significant for our environment. As Louisiana
                                                                                pursues a goal of net-zero emissions by
                                                                                2050, projects that feature carbon capture



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