Natural Gas and its contribution to the energy transition
We believe that an effective way to reduce global emissions in accordance with the Paris Climate Accords is to displace coal fired power plants with cleaner, more efficient, natural gas-fueled, combined cycle gas turbines that can provide baseload, reliable power 24 hours a day, 7 days a week. The United States has directly benefited from this transition. According to the 2023 Annual Energy Outlook from the U.S. Energy Information Administration, total energy related CO2 emissions in the United States fell from approximately 6.0 billion metric tonnes in 2005 to just over 4.9 billion metric tonnes in 2022. This decrease in emissions can be largely attributed to coal-to-gas switching. During this timeframe, the amount of electricity generated by coal in the US declined by approximately 1,000 billion KWh. Electricity generated by natural gas burning power plants replaced this production with gas fired electricity rising by approximately 800 billion KWh over the same time span. We believe that this direct correlation between the reduction in overall emissions from the power sector and the transition from coal to natural gas fired power plants is a powerful, clear illustration of the important role natural gas and LNG have to play in making immediate and meaningful progress in the fight against climate change.
Our commitment to providing cleaner energy is the driving force behind the environmentally conscious design of our facilities and our investment in carbon capture and storage, or CCS, at each of our projects. As part of our efforts to minimize our overall emissions, we have elected to employ electrically-driven liquefaction technology that is powered by highly efficient combined cycle gas turbines.
Our projects are completely air cooled (power, pre-treatment and liquefaction), rather than water cooled. Further, we use state of the art, full containment storage tanks which seek to eliminate methane release from stored LNG.
Carbon Capture Scheme (CCS)
1 million
tons of carbon per year
Redefining the LNG industry
Having concluded a comprehensive engineering and geotechnical analysis, the company is launching, subject only to regulatory approvals, a shovel-ready carbon capture and sequestration (CCS) project, compressing CO2 at its sites and then transporting the CO2 and injecting it deep into subsurface saline aquifers where it will be permanently stored. Altogether, Venture Global plans to sequester 1 million tons of carbon per year, the equivalent of removing nearly 200,000 cars off the road each year for 20 years.
Safety Standards
TRIR numbers
Our facilities are and will be designed, constructed and operated to protect human health and safety and fully comply with all applicable state, local and federal regulations, codes and procedures as well as Equator Principles 4. Our firm commitment to these areas is highlighted by our industry leading safety record.
Environmental commitment
140 acres
Wetland investment
To date, marsh creation and restoration activities have been
initiated on approximately 140 acres and we have committed
to ongoing monitoring of the pipeline right of way to ensure
natural revegetation is occurring, We have supplemented this
effort with our purchase of wetland mitigation credits. In total, $40 million dollars has been spent on credits to fully offset
our Calcasieu, Plaquemines, and CP2 projects.
Industry leading environmental leadership
Venture Global has announced plans for a carbon capture and sequestration (“CCS”) project be developed in connection with the Calcasieu Pass LNG facility and Plaquemines and CP2 projects. Having concluded a comprehensive engineering and geotechnical analysis, the company is launching, subject only to regulatory approvals, a shovel-ready carbon capture and sequestration (CCS) project, compressing CO2 at its sites and then transporting the CO2 and injecting it deep into subsurface saline aquifers where it will be permanently stored. Altogether, Venture Global plans to sequester 1 million tons of carbon per year, the equivalent of removing nearly 200,000 cars off the road each year for 20 years.
- Since its inception, Venture Global has been determined to set the industry standard for environmental leadership.
- Our facilities will be designed, constructed and operated to protect human health fully comply with all applicable state, local and federal regulations, codes and procedures.
- The company’s employment of electrically-driven liquefaction technology, together with power generated through highly efficient combined cycle gas turbines, is designed to minimize overall emissions and make the project one of the cleanest LNG export facilities in the world.
- In addition, the project is completely air cooled (power, pre-treatment and liquefaction), rather than water cooled, and is using state of the art full containment storage tanks.
Environmental Stewardship
To Venture Global, a successful project is one that protects the livelihood of local fishermen, families, businesses, and all those who rely on the environment in Cameron Parish.
The Calcasieu Pass Project is committed to protecting the environment during all phases of the project and will work to ensure coexistence with the coastal ecosystem of southwestern Louisiana.
As part of this commitment, Venture Global has conducted surveys on wetlands, waterbodies, and wildlife, as well as cultural and archaeological aspects of the project.
Venture Global Calcasieu Pass is collaborating with a number of local, state, and regional partners:
- The U.S. Coast Guard
- The Lake Charles Pilots Association
- The Port of Cameron
- The Port of Lake Charles
- First responders in the region
- Cameron Parish businesses
Plaquemines and the Environment
To Venture Global, a successful project is an environmentally responsible project.
- The Plaquemines Project is committed to protecting the environment during all phases of the project and will work to ensure coexistence with the coastal ecosystem.
- As part of this commitment, Venture Global has conducted surveys on wetlands, waterbodies, and wildlife, as well as cultural and archaeological aspects of the project.
For the full Safety Responsibility Rider
Project impact
Calcasieu Pass
Our Calcasieu Project aims to positively impact the surrounding community by driving economic growth, engaging with our neighbors…
Project impact
Plaquemines
Currently constructing an LNG export facility in Plaquemines Parish, Louisiana, south of New Orleans on mile marker 55 of the Mississippi River.
