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Global VC LNG and Shell expand LNG partnership

 Last Update: 2022-04-24
 Source: Internet
 Author: User

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Global Ventures LNG announced a new 20-year purchase and sale agreement with Shell to supply 2 million tonnes of LNG from Global Ventures' Plaquemine LNG export facility /year of LNG
.

The new agreement builds on Shell's existing 2mt/yr contract for the Calcasieu Pass LNG export terminal, bringing Shell's total long-term offtake from global VC facilities to 4mt/yr

Mike Sabel, CEO of Global Ventures, said: "As our first foundational customer at Calcasieu Pass, Shell has chosen Plaquemine for a second partnership, expanding on our existing collaboration with our firm
.

Global The VC is committed to bringing low-cost U.

Global VC currently holds the global record for the fastest construction of a large greenfield LNG facility using Calcasieu Pass and is actively constructing at Plaquemine LNG, which is expected to come online in 2024

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