Mixing in Some US LNG Good News with Q1'22 Release...Calcasieu Pass, the seventh LNG export terminal in the Lower 48 states, begins production Since November 2021, Venture Global Calcasieu Pass, LLC, (Venture Global)the developer of the Calcasieu Pass liquefied natural gas (LNG) export terminalhas received Federal Energy Regulatory Commission (FERC) approvals to commission the first six of nine liquefaction blocks. FERC issued the most recent approval on March 30, 2022. Each block contains two mid-scale liquefaction units called trains. The first authorization, issued in November 2021, was one of the initial steps toward full commercial service, and Calcasieu Pass could reach its full LNG production capacity of
1.3 billion cubic feet per day (Bcf/d) baseload (1.6 Bcf/d peak) by the fourth quarter of this year. Natural gas deliveries to the terminal have increased throughout 2022, averaging approximately 0.8 Bcf/d in April, according to PointLogic