Venture Global LNG Inc.’s wholly owned subsidiary, Venture Global Calcasieu Pass LLC, has entered into an exclusive agreement securing an additional 432 acres in connection with its proposed liquefied natural gas project in Cameron Parish, Louisiana. This expansion will expand the available land for the project, now totaling 938 acres.
"By nearly doubling the size of its land footprint, the Calcasieu Pass terminal and ancillary facilities have more flexibility in terms of access, buffer zone and construction laydown," said William M. Wicker, CEO of Venture Global LNG. "This expansion also accesses excellent ship berthing, parking and office facilities, as well as land for other activities that will support project development."
The facility is projected to be operational in late 2019.