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Enterprise World LNG introduced its long-term enlargement plan to extend manufacturing from 70 million tpy to greater than 100 million tpy of nameplate LNG export capability. To help this initiative, Enterprise World and Baker Hughes have executed an expanded grasp gear provide settlement for the supply of extra liquefaction prepare programs and energy island programs for Enterprise World’s future LNG export initiatives. The expanded settlement was introduced on the margins of Gastech in Singapore within the presence of Enterprise World CEO Mike Sabel and Baker Hughes Chairman and CEO Lorenzo Simonelli.
Enterprise World continues to execute and obtain at every of its initiatives. Cargoes originating from its Calcasieu Go venture have been delivered to 24 international locations and accounted for roughly 10% of the LNG exported from the US to Europe in 2022 and 2023. Enterprise World has taken FID on each phases of its 20 million tpy nameplate Plaquemines LNG facility, which is heading in the right direction to supply its first LNG in 2024. By early September, Plaquemines LNG may have acquired the primary 4 liquefaction prepare modules (Blocks 1 and a couple of) and the roof shall be raised on its third LNG storage tank. The corporate expects to begin building of its CP2 LNG facility later this yr following receipt of FERC authorisation. To this point, 9.25 million tpy of CP2 LNG’s 20 million tpy nameplate capability has been bought below 20-year gross sales and buy agreements. Baker Hughes, as a strategic LNG-equipment provider to Enterprise World, supplied complete LNG know-how options to the Calcasieu Go LNG services, and can present the identical to the presently under-construction Plaquemines LNG facility.
“Enterprise World is thrilled to announce our long-term plan to broaden LNG manufacturing each in and outdoors of Louisiana, constructing on the momentum of our first three initiatives – Calcasieu Go, Plaquemines LNG and CP2 LNG,” mentioned Mike Sabel, CEO of Enterprise World. “Now greater than ever we’re dedicated to our mission of delivering low-cost LNG at a bigger scale to help the world’s rising demand for vitality safety, prosperity, and environmental progress. We’re grateful for our continued partnership with Baker Hughes, a world chief in vitality know-how, and look ahead to constructing on our profitable collaboration in our upcoming initiatives.”
“Pure fuel will proceed to play a important position as a bridging and vacation spot gasoline for the vitality transition. We’re happy with our longstanding collaboration with Enterprise World LNG and proceed to help their plan to broaden LNG manufacturing to handle world vitality demand,” mentioned Lorenzo Simonelli, chairman and CEO of Baker Hughes. “Constructing on our optimistic observe report for the Calcasieu Go and Plaquemines LNG initiatives, we glance ahead offering VG with our confirmed know-how options to allow quicker time to LNG, a key benefit to our modular LNG design.”
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/05092023/baker-hughes-announce-expanded-master-equipment-supply-agreement-for-venture-globals-long-term-expansion-plan/
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