HOUSTON, March 13 (Reuters) - The U.S. Federal Energy
Regulatory Commission on Wednesday asked Venture Global LNG to
explain why reports on its Calcasieu Pass LNG plant need to be
kept confidential as customers complained about a lack of
transparency.
The Louisiana production and export facility has been since
2022 in the commissioning stage, a process that typically takes
months. FERC gave Venture Global five days to respond.
Venture Global's customers have protested to FERC that they
have not received sufficient explanations for the commissioning
delay, which they say has cost them billions of dollars in
profit.
They also said the company's decision to file documents on
plant construction and repairs to the energy regulator
confidentially under national security provisions deprived them
of key information.
The Arlington, Virginia-based LNG exporter has previously
said it will not provide its customers with the privileged
documents unless FERC requires it.
The FERC request comes days after Venture Global customers
challenged the company's request for a one-year extension of its
startup process and urged regulators to make Venture Global
release the confidential commissioning documents.
Shell PLC ( SHEL ), BP PLC, Italian utility Edison
, Repsol, Orlen SA ( PSKOF ) and Galp Energia
SA believe Venture Global has completed the plant and
is selling its LNG on the spot market, depriving them of sales.
PROTECTIVE ORDER
Venture Global "remains committed to compliance with all
FERC requirements" and will promptly provide a request for a
protective order at Calcasieu Pass laying out grounds for
confidentiality, a company spokesperson said on Wednesday.
Such orders have not previously been necessary because there
were no objections involving the plant, the spokesperson said.
Shell, one of the companies that has asked FERC to make the
documents public, disagreed and hopes the regulator will bar
further unnecessary confidential filings, a spokesperson said.
Venture Global's making Calcasieu Pass filings non-public
for nearly a decade does not meet regulations and "is consistent
with company's complete disregard for transparency," the Shell
spokesperson said.
Repsol and Galp said they were unable to take a position on
the extension request because the lack of access to the
documents made it impossible to assess the merits.