Kiewit, Venture Global LNG Settle Dispute Over Alleged Disclosure of Confidential Info to Shell
(Reuters) — Construction contractor Kiewit on Thursday said it has settled a lawsuit with LNG developer Venture Global LNG over disclosures to Shell of information on the Calcasieu Pass LNG plant, the president of Kiewit Energy said.
Venture Global on August 2 filed for arbitration against Kiewit alleging it passed confidential documents to Shell in a dispute over the Louisiana LNG facility's commercial production status.
"There is no ongoing litigation, the matter has been resolved," said Kiewit Energy President Tom Shelby on the sidelines of the Gastech energy conference.
Venture Global LNG and several long-term contract customers are in contract arbitration over a failure to supply cargoes from the plant. Shell, BP, Repsol, Galp and Orlen have contested their lack of access to cargoes more than years after the plant first started producing and exporting LNG.
Venture Global was not immediately available for comment.
"Kiewit was entrusted with this information to enable its work to construct a natural gas liquefaction and export terminal in Cameron Parish, Louisiana developed by Venture Global," Venture Global had said in a New York State Supreme Court filing.
The contractor shared confidential information included proprietary project development, design, configuration methods on the multi-billion-dollar facility's design and construction, it alleged.
Shelby declined to say if the Louisiana plant was now working properly, calling it a question for Venture Global.
Related News
Related News
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
- Ukraine Approves $20 Billion Plan to Boost Renewable Energy to 27% by 2030
Comments