Monday May 27, 2019 10:44

Energy Press Release : 25 Feb 2019

BGRIM seals a B3.3bn deal for Glow SPP1 co-generation asset Energy—25 Feb 19

B.Grimm Power Plc (BGRIM), one of Thailand's top private power producers, announced today the successful acquisition of Glow SPP1 co-generation asset for 3.3 billion baht. The purchase involves the 100% interest of Glow SPP1 Co Ltd which operates a

Venture Global Calcasieu Pass and TransCameron Pipeline Receive FERC Order Granting Authorizations Energy—25 Feb 19

ARLINGTON, Virginia--25 Feb--PRNewswire/InfoQuest

Venture Global LNG, Inc. announces that the U.S. Federal Energy Regulatory Commission (FERC) has issued the Order Granting Authorizations under Sections 3 and 7 of the Natural Gas Act for the company's Venture Global Calcasieu Pass LNG export facility and associated TransCameron Pipeline in Cameron Parish, Louisiana.

"With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements (SPAs) with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies," Co-CEOs Bob Pender and Mike Sabel jointly stated. "This milestone is the culmination of years of effort, and we are proud of the excellent work done by our regulatory, environmental, legal and engineering teams. We are excited to begin construction of our Calcasieu Pass project and deliver low-cost LNG to our global customers in 2022."

The 10 MTPA nameplate Calcasieu Pass facility will employ a comprehensive process solution from GE Oil & Gas, LLC, part of Baker Hughes, a GE company (BHGE) that utilizes mid-scale, modular, factory-fabricated liquefaction trains. Venture Global has executed an integrated turnkey EPC contract with Kiewit to design, engineer, construct, commission,