9/13/2023 0 Comments Venture global lng jobsIn its reply to DOE, Venture Global chastised Repsol as an "impatient" customer. It wants the department to evaluate "whether Venture Global is complying now with the requirements of DOE's orders and making accurate representations to DOE and its staff." Repsol recently asked DOE to reopen its permit approvals of Calcasieu Pass. "Given that Edison assumes that there is no legal justification for such delay and that the situation is not tolerable any longer, Edison had no other choice than starting in May an arbitration proceedings," a spokesperson for the Italian utility said. Its customers include Edison, Repsol, Shell (SHEL.L), Portugal's GALP (GALP.LS), German utility EnBW (EBKG.DE) and Polish gas company PGNiG, which was acquired last year by oil refiner PKN Orlen. That volume irked contract customers who believe Venture Global took advantage of high spot LNG prices at their expense. The Calcasieu Pass plant generated and shipped about 11 cargoes per month from March 2022 to this year that were sold as pre-commercial supplies. Last year, prices jumped to $89 per mmBtu in August from $23 per mmBtu in February when Russia invaded Ukraine. LNG at the time cost between $8 and $12 per million British thermal units (mmBtu) in Europe. Venture Global LNG has until the end of July to either send a written report to DEQ that outlines its corrective actions at Calcasieu Pass or to dispute the order.Edison and Repsol signed purchase contracts with Venture Global in 20, respectively. “We don’t want them to double the size and double the pollution.” Venture Global’s plans are to expand its current Cameron Parish facility, taking in another 500 acres of wetlands. Despite being fully commissioned, Venture Global was able to sell 166 loads and has received more dollars for BTU for natural gas sold in the U.S. Allaire pointed to the benefits of selling on the spot market to the highest bidder before honoring long-term contracts.Īt least four companies have filed arbitration with Venture Global. Shaeffer would like to see the state calculate its own independent analysis. What pollution control cost did they avoid by operating in this way?” The idea that a company should not make money by blowing its permit limits is pretty fundamenta,” Shaeffer said. It is asking the company to propose a dollar amount to itemize the economic benefit that the company gained through its violations. When the plant received its permit from the Federal Environmental Regulatory Commission (FERC), the expectations for flaring was about 60 hours a year, Allaire said.Įric Shaeffer, the executive director and co-founder of the Environmental Integrity Project said the permit is a contract with the community about how it’s going to perform. Corrective actions on the part of Venture Global included applying for a modified air permit to expand pollutant limits for “multiple pieces of equipment, Vasudevan said.Īllaire gave a rundown of changes in emissions Venture Global would like to see, 132 percent increase in volatile organic compounds, 17 percent in CO2, 61 percent in acrolein, 41 percent in benzine, 38 percent in ethyl benzene, 16 percent in formaldehyde, 1225 percent in hydrogen sulfide and a 1400 percent increase in chromium 6.Īllaire said Venture Global experienced 32 separate occurrences out of compliance for 10 consecutive days or more in 2022, and at one point, the plant operated 143 days in a row with a piece of equipment they knew was out of compliance for a total of 286 days out of compliance.
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