Page 11 - GLNG Week 08

GLNG AMERICAS GLNG
Venture Global makes progress with supply deal, compressor contract
PROJECTS & COMPANIES
TWO separate announcements over the past week show US-based Venture Global LNG mak- ing progress with elements of its plans for both the Plaquemines LNG and Calcasieu Pass LNG projects in Louisiana.
On Febuary 20, Siemens announced that it had been awarded a contract to supply three boil-off gas (BOG) compressor packages for the Calcasieu Pass facility, which is currently under construction in Louisiana’s Cameron Parish. A final investment decision (FID) on the facility was announced in August 2019. Calcasieu Pass is anticipated to produce 10mn tonnes per year (tpy) of LNG once it enters service in 2022.
Engineering, procurement and construction (EPC) management for the project has been con- tracted to Kiewit.
Siemens said its scope of supply covers the engineering, manufacturing and testing of two centrifugal BOG compression packages and one reciprocating BOG compression package. All compressors will be directly driven by electric motors, the company added.
“The Calcasieu Pass LNG Project involves an innovative modular, mid-scale configuration that enables Venture Global to produce low-cost LNG with a shorter construction schedule,” Sie- mens said in a statement. “Siemens was able to
tailor a custom solution with added flexibility to match the EPC’s project schedule and start-up sequence.”
The compression trains for Calcasieu Pass are expected to ship in summer and autumn of this year.
Separately, Venture Global announced on February 25 that it had entered into a 20-year sales and purchase agreement (SPA) with Élec- tricité de France (EDF). The deal covers the supply of 1mn tpy of LNG from the planned Plaquemines LNG facility, which would be located in Louisiana’s Plaquemines Parish. This agreement follows on from a previously announced deal to sell 2.5mn tpy of LNG from the Plaquemines facility to Poland’s PGNiG over a 20-year period.
The Plaquemines facility has been designed using an identical configuration to the compa- ny’s Calcasieu Pass LNG project, but would be double the size at 20mn tpy. Venture Global has received regulatory approvals for Plaquemines, but has yet to make an FID on the project. The company expects to begin construction on Plaquemines this year, targeting start-up in 2023.
Venture Global is also proposing the 20mn tpy Delta LNG facility, which would be located adjacent to Plaquemines.™
Poland signs contract to expand LNG terminal in Swinoujscie
INVESTMENT
POLAND’S gas grid operator Gaz-System contracted a consortium of PORR and TGE to carry out an expansion of the LNG terminal in Swinoujscie, Gaz-System said on February 24.
The terminal is central to Poland’s grand plan of weaning itself off dependency on Russian gas, which Warsaw claims is a geopolitical vulnera- bility. The terminal, operational since late 2015, can currently handle 5bn cubic metres (bcm) of natural gas. Following expansion, the capacity will grow to 7.5 bcm in 2021, Gaz System said.
“Thanks to this investment, we are increasing the level of energy security of our country,” Piotr Naimski, the government’s proxy for strategic energy infrastructure, said in a statement.
The terminal has seen record use this year, partly because of low international LNG prices,
taking ashore 2.48 bcm of gas in January to Sep- tember, up 27% year on year. These supplies covered 23% of Polish demand over the period, versus 18% a year earlier.
In contrast, Russian imports fell 21% in the first nine months of this year, totalling 6.29 bcm. They met 58% of Polish consumption, compared with 75% in the same period a year earlier.
Poland also plans construction of another 4 bcm per year import terminal in Gdansk. Poland’s Baltic Pipe project should also be up and running by 2022, carrying up to 10 bcm per year of gas from PGNiG’s fields off Norway to Poland via Denmark.
Also in 2022, Poland’s long-term supply con- tract with Gazprom expires. Warsaw has said a number of times it will not renew it.™
EUROPE
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