CP2

Elkem's Collaborative REPOS Project Awarded 2023 Cefic Circularity Commendation

Retrieved on: 
Wednesday, November 29, 2023
Carbon, Oil, Recycling, IMP, Publication, Saint-Fons, CNRS, Reuse, Patent, CP2, Responsible Care, Catalysis, European Chemical Industry Council, Depolymerization, Polymerization, Silicone, Process, Renewable energy, Petrochemical, Fine chemical, Circularity, Elkem

Elkem's collaborative Resourcing Silicones Polymers (REPOS) project was the only initiative that received commendation in the category of Circularity.

Key Points: 
  • Elkem's collaborative Resourcing Silicones Polymers (REPOS) project was the only initiative that received commendation in the category of Circularity.
  • Innovation for such a sweeping change to the silicones value chain will require collaboration, with implications for industrial, customer and consumer users of silicones.
  • Its success will help meet societal expectations for circularity as well as industry and regulatory objectives to increase the recycled content of products.
  • The next phase of REPOS will focus on piloting and scaling up these new technologies for industrialization.

Venture Global and Baker Hughes Announce Expanded Master Equipment Supply Agreement to Support Venture Global's Long-Term Expansion Plan

Retrieved on: 
Tuesday, September 5, 2023
CP2, Partnership, Calcasieu, Natural gas, FERC, Block, MTPA, Calcasieu River, Battle of Calcasieu Pass, FID, VG, Liquefied natural gas, LNG

To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture Global's future LNG export projects.

Key Points: 
  • To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture Global's future LNG export projects.
  • The expanded agreement was announced on the margins of Gastech in Singapore in the presence of Venture Global CEO Mike Sabel and Baker Hughes Chairman and CEO Lorenzo Simonelli.
  • Venture Global continues to execute and achieve major milestones at each of its projects.
  • We are proud of our longstanding collaboration with Venture Global LNG and continue to support their plan to expand LNG production to address global energy demand," said Lorenzo Simonelli, chairman and CEO of Baker Hughes.

Venture Global and Baker Hughes Announce Expanded Master Equipment Supply Agreement to Support Venture Global's Long-Term Expansion Plan

Retrieved on: 
Tuesday, September 5, 2023
CP2, Partnership, Calcasieu, Natural gas, FERC, Block, MTPA, Calcasieu River, Battle of Calcasieu Pass, FID, VG, Liquefied natural gas, LNG

To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture Global's future LNG export projects.

Key Points: 
  • To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture Global's future LNG export projects.
  • The expanded agreement was announced on the margins of Gastech in Singapore in the presence of Venture Global CEO Mike Sabel and Baker Hughes Chairman and CEO Lorenzo Simonelli.
  • Venture Global continues to execute and achieve major milestones at each of its projects.
  • We are proud of our longstanding collaboration with Venture Global LNG and continue to support their plan to expand LNG production to address global energy demand," said Lorenzo Simonelli, chairman and CEO of Baker Hughes.

Baker Hughes and Venture Global Announce Expanded Master Equipment Supply Agreement to Support Venture Global’s Long-Term Expansion Plan

Retrieved on: 
Tuesday, September 5, 2023
CP2, Partnership, Calcasieu, FERC, Block, MTPA, Calcasieu River, Battle of Calcasieu Pass, FID, VG, Liquefied natural gas, Natural gas, LNG

To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture Global’s future LNG export projects.

Key Points: 
  • To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture Global’s future LNG export projects.
  • The expanded agreement was announced on the margins of Gastech in Singapore in the presence of Venture Global CEO Mike Sabel and Baker Hughes Chairman and CEO Lorenzo Simonelli.
  • Venture Global continues to execute and achieve major milestones at each of its projects.
  • We are proud of our longstanding collaboration with Venture Global LNG and continue to support their plan to expand LNG production to address global energy demand,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes.

Sypris Wins Award for Venture Global CP2 LNG Export Terminal and Venture Global CP Express Natural Gas Pipeline Project

Retrieved on: 
Thursday, August 3, 2023
Utilities, Oil, Gas, Other Manufacturing, Energy, Machinery, Engineering, Chemicals, Plastics, Manufacturing, CP2, Field line, Pressure, Food, Liquefied natural gas, Water, News, Natural gas, LNG

Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received an award for specialty high-pressure closures for use in the Venture Global CP2 LNG Export Terminal and the Venture Global CP Express Natural Gas Pipeline Project.

Key Points: 
  • Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received an award for specialty high-pressure closures for use in the Venture Global CP2 LNG Export Terminal and the Venture Global CP Express Natural Gas Pipeline Project.
  • The CP2 LNG facility will be a natural gas liquefaction export terminal with a nameplate export capacity of 20 million metric tonnes per annum.
  • CP2 LNG will be the second LNG export project developed by Venture Global LNG, Inc. (“Venture Global LNG”) in Cameron Parish, Louisiana, with the first being the Calcasieu Pass Project.
  • As described by Venture Global LNG, the CP Express will consist of approximately 85.1 miles of new 48-inch-diameter natural gas pipeline and approximately 5.9 miles of new 24-inch-diameter lateral pipeline to connect the CP2 LNG terminal to the existing natural gas pipeline grid in east Texas and southwest Louisiana.

FERC ISSUES POSITIVE FINAL EIS FOR CP2 LNG

Retrieved on: 
Friday, July 28, 2023
CP2, Engineer, Corps of Engineers, Commission, National Marine Fisheries Service, FERC, Federal Energy Regulatory Commission, PHMSA, Liquefied natural gas, NEPA, FEIS, Natural gas

ARLINGTON, Va., July 28, 2023 /PRNewswire/ -- Today, Venture Global LNG issued the following statement after the Federal Energy Regulatory Commission (FERC) issued a positive final environmental impact statement (FEIS) for Venture Global's third project, CP2 LNG.

Key Points: 
  • ARLINGTON, Va., July 28, 2023 /PRNewswire/ -- Today, Venture Global LNG issued the following statement after the Federal Energy Regulatory Commission (FERC) issued a positive final environmental impact statement (FEIS) for Venture Global's third project, CP2 LNG.
  • "Venture Global thanks the Commission as well as the other cooperating NEPA agencies, including US.
  • Army Corps of Engineers, Department of Energy, Coast Guard, PHMSA and the National Marine Fisheries Service, for their hard work to complete the Final Environmental Impact Statement (FEIS) for CP2 LNG," said Mike Sabel, CEO of Venture Global LNG.
  • CP2 continues to have robust commercial and financial momentum with approximately half of the project already sold out.

FERC ISSUES POSITIVE FINAL EIS FOR CP2 LNG

Retrieved on: 
Friday, July 28, 2023
CP2, Engineer, Corps of Engineers, Commission, Multimedia, National Marine Fisheries Service, FERC, Federal Energy Regulatory Commission, PHMSA, Liquefied natural gas, NEPA, FEIS, Natural gas

ARLINGTON, Va., July 28, 2023 /PRNewswire/ -- Today, Venture Global LNG issued the following statement after the Federal Energy Regulatory Commission (FERC) issued a positive final environmental impact statement (FEIS) for Venture Global's third project, CP2 LNG.

Key Points: 
  • ARLINGTON, Va., July 28, 2023 /PRNewswire/ -- Today, Venture Global LNG issued the following statement after the Federal Energy Regulatory Commission (FERC) issued a positive final environmental impact statement (FEIS) for Venture Global's third project, CP2 LNG.
  • Army Corps of Engineers, Department of Energy, Coast Guard, PHMSA and the National Marine Fisheries Service, for their hard work to complete the Final Environmental Impact Statement (FEIS) for CP2 LNG," said Mike Sabel, CEO of Venture Global LNG.
  • CP2 continues to have robust commercial and financial momentum with approximately half of the project already sold out.
  • CP2 LNG customers
    View original content to download multimedia: https://www.prnewswire.com/news-releases/ferc-issues-positive-final-eis-...

Venture Global and SEFE Announce 20-year LNG Sales and Purchase Agreement

Retrieved on: 
Thursday, June 22, 2023
CP2, Wes Edens, Partnership, EnBW, INPEX, MTPA, Wingas, SPA, Liquefied natural gas, ExxonMobil, JERA, Natural gas, Renewable energy, LNG

Under the agreement, SEFE's subsidiary, WINGAS GmbH, will purchase 2.25 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG, Venture Global's third project, for 20 years.

Key Points: 
  • Under the agreement, SEFE's subsidiary, WINGAS GmbH, will purchase 2.25 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG, Venture Global's third project, for 20 years.
  • "Venture Global is thrilled to begin a strategic partnership with SEFE, making our company the largest long-term LNG supplier to Germany," said Mike Sabel, CEO of Venture Global LNG.
  • "By joining forces with Venture Global LNG, SEFE makes another important step on our mission to secure energy for German and European customers and meet the energy demand of the region.
  • SEFE, a German state-owned company, joins other CP2 LNG customers, including ExxonMobil, Chevron, JERA, New Fortress Energy, INPEX, China Gas and EnBW.

Venture Global and SEFE Announce 20-year LNG Sales and Purchase Agreement

Retrieved on: 
Thursday, June 22, 2023
CP2, Wes Edens, Partnership, EnBW, INPEX, MTPA, Wingas, SPA, Liquefied natural gas, ExxonMobil, JERA, Natural gas, Renewable energy, LNG

Under the agreement, SEFE's subsidiary, WINGAS GmbH, will purchase 2.25 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG, Venture Global's third project, for 20 years.

Key Points: 
  • Under the agreement, SEFE's subsidiary, WINGAS GmbH, will purchase 2.25 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG, Venture Global's third project, for 20 years.
  • "Venture Global is thrilled to begin a strategic partnership with SEFE, making our company the largest long-term LNG supplier to Germany," said Mike Sabel, CEO of Venture Global LNG.
  • "By joining forces with Venture Global LNG, SEFE makes another important step on our mission to secure energy for German and European customers and meet the energy demand of the region.
  • SEFE, a German state-owned company, joins other CP2 LNG customers, including ExxonMobil, Chevron, JERA, New Fortress Energy, INPEX, China Gas and EnBW.

VENTURE GLOBAL ANNOUNCES 20-YEAR LNG SALES AND PURCHASE AGREEMENT WITH JERA

Retrieved on: 
Friday, April 28, 2023
CP2, Partnership, Senior, Special Protection Area, Electricity, FOB, Carbon, Sale, MTPA, Calcasieu River, SPA, Liquefied natural gas, JERA, Renewable energy, Natural gas, LNG

ARLINGTON, Va., April 28, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years.

Key Points: 
  • ARLINGTON, Va., April 28, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years.
  • CP2 LNG is Venture Global's third project and is expected to commence construction later this year.
  • This deal follows JERA Global Markets' purchase of the inaugural commissioning cargo of LNG exported from Venture Global's first project, Calcasieu Pass.
  • "Venture Global is thrilled to be expanding our partnership with JERA, one of the world's premiere energy providers and largest buyers of LNG," said Mike Sabel, CEO of Venture Global LNG.