ARLINGTON, Va., June 25,
2024 /PRNewswire/ -- Today, Venture Global announced
the successful launch of its first LNG vessel, the Venture
Gator at a ceremony which took place at the Samsung Heavy
Industries shipyard in Geoji-si, South
Korea. The Venture Gator is the first of nine LNG
carriers in the Venture Global fleet to be completed in quick
succession across three shipyards in South Korea over the coming 24 months, which
will transport LNG from the U.S. to multiple global partners and
destinations. The ship deploys best-in-class environmental and
efficiency technology and will be primarily fueled by Venture
Global's liquefied natural gas. The Venture Gator and
progressively the fleet's other eight ships will commence serving
our global partners in Europe and
Asia beginning this
fall.
"Venture Global is proud to have launched our first ship, the
Venture Gator at SHI in Korea. President Biden has committed
to increasing LNG supply into Europe and we are pleased to be in a position
to continue to support these efforts with a fast-growing shipping
fleet, wholly owned, operated and controlled by Venture Global.
With these ships, we will increase the security of natural gas
supply, through low-cost LNG delivered directly to allies across
the world," said Mike Sabel, CEO of Venture Global.
The Venture Gator is a 174,000 cubic meter ship, in a
state-of-the-art fleet which showcases the industry's newest, clean
technologies for transporting LNG across the world. The new hull
design; onboard reliquefication (for liquefying gas which has
"boiled-off" in transit); air-lubrication systems (ejecting air
bubbles from the hull to reduce friction through the
water); an auxiliary shaft generator (reducing the number of
auxiliary generators running at sea) and exhaust gas recirculation
systems (to reduce methane) make Venture Global's LNG new-build
carrier fleet among the cleanest on the ocean today.
About Venture Global LNG
Venture Global is a long-term, low-cost provider of U.S. LNG
sourced from resource rich North American natural gas basins.
Venture Global's first facility, Calcasieu Pass, commenced
producing first LNG in January 2022.
The company is also constructing or developing an additional 60
MTPA of production capacity in Louisiana to provide clean, affordable energy
to the world. The company is developing Carbon Capture and
Sequestration (CCS) projects at each of its LNG facilities
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SOURCE Venture Global LNG