Project Venezuela Liquefied Natural Gas Terminal
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Project Venezuela Liquefied Natural Gas Terminal, also known as the Cristobal Colon project or the PVLNG project, was a proposed LNG terminal in Venezuela. It is presumed to be cancelled, with no updates reported since 2000.
- Parent: Petroleos de Venezuela SA (PDVSA), Royal Dutch/Shell, ExxonMobil Corp., and Mitsubishi Corp.
- Location: northeastern Venezuela
- Coordinates: 10.302279, -63.331569
- Capacity: 4 mtpa
- Status: Cancelled
- Type: Export
- Start Year: NA
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
In April of 2000, Venezuela's LNG export project was announced in a scaled-down version. Petroleos de Venezuela SA (PDVSA), Royal Dutch/Shell, ExxonMobil Corp., and Mitsubishi Corp. signed a memorandum of understanding to develop a $2 billion LNG project in northeastern Venezuela. The project will be known as Project Venezuela Liquefied Natural Gas (PVLNG) and will have a production capacity of about 4 million tonnes/ year.The venture is a downsized version of the so-called Cristobal Colon project, which involved the same four partners (but just Exxon Corp. prior to its acquisition of Mobil Corp.). That project called for an investment of more than $5 billion.
It is presumed to be cancelled, with no updates reported since 2000.
Articles and resources
- "VENEZUELAN LNG EXPORT PROJECT BACK ON TRACK" Oil & Gas Journal, accessed April 2019