Venture Global’s plans for an LNG plant in Cameron brought scores of residents and community leaders out Thursday to learn about the company’s multibillion-dollar project.
A liquefied natural gas company plans to build a more than $4 billion processing complex and export terminal in southwestern Louisiana. The plans were announced Wednesday by Gov. Bobby Jindal’s office and Venture Global LNG LLC.
Louisiana Gov. Bobby Jindal announces $4.25 billion gas liquefaction plan to be built in Cameron Parish
Venture Global LNG will begin building a $4.25 billion natural gas liquefaction plant and export terminal in Cameron Parish in the third quarter of 2016, government and company officials announced Wednesday.
$4.25 billion will be invested by Venture Global LNG to build a new liquefaction complex and liquified natural gas export terminal in Cameron. Governor Bobby Jindal made the announcement today along with Venture Global CEO William Wicker.
Former Deputy Energy Secretary Daniel Poneman has joined the board of directors at Venture Global LNG, a company working to develop a liquefied natural gas export terminal near the Gulf of Mexico. Poneman held the No. 2 spot at DOE until October of 2014. He was first named deputy energy secretary in May 2009.
MOVERS, SHAKERS: Venture Global LNG has hired William M. Wicker as its new CEO. Wicker was previously vice chairman of investment banking at Morgan Stanley’s Natural Resources Group, and he held previous positions at Goldman Sachs and Texaco. DOE recently approved Venture Global’s application to export 670,000 Mcf/d to Free Trade Agreement nations from a facility in Cameron Parish, Louisiana.
Venture Global LNG Inc. has hired William M. Wicker to lead the company as CEO. Wicker previously served as Morgan Stanley’s vice chairman of investment banking in the Natural Resources Group.