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Chart Gets Order for Calcasieu Pass LNG

Map courtesy: Venture Global LNG

Laxman Pai

U.S. LNG equipment maker Chart Industries has received full notice to proceed (FNTP) regarding its production of cold boxes and brazed aluminium heat exchangers for Venture Global's 10 million tpy Calcasieu Pass LNG export terminal project.

The U.S. Federal Energy Regulatory Commission (FERC) approved Venture Global LNG request to proceed with full site preparation at its proposed 10 million tonnes per annum (MTPA) export terminal in Louisiana earlier this week.

Venture Global recently announced its final investment decision (FID) and the closing of project financing for its Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana.

The proceeds of the debt and equity financing fully fund the balance of the construction and commissioning of Calcasieu Pass. Full site construction began in February 2019 and the commercial operations date is expected in 2022.

At the end of March 2019, Chart booked the full equipment order of $135 million for the Calcasieu project from Baker Hughes, a GE company (BHGE).

On Tuesday, August 20, 2019, BHGE announced that it has been awarded a contract and granted notice to proceed on the construction of a comprehensive LNG technology solution for the project. Chart will deliver the equipment on a multi-year schedule in conjunction with BHGE and Kiewit.

"We are proud to be part of Venture Global's unique and innovative Calcasieu Pass project and overall LNG model," stated Jill Evanko, Chart's President and CEO. "In conjunction with our strong partners on this project, we will provide the highest quality cold boxes and heat exchangers on schedule from our Wisconsin and Louisiana facilities."

Aug 23, 2019

 

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