Venture Global LNG

🚨U.S. Department of Energy (DOE) grants CP2 LNG approval to export to non-FTA countries Arlington, Va. – Today, Venture Global received approval from the U.S. Department of Energy (DOE) to export liquefied natural gas (LNG) to non-FTA countries for its third project, CP2 LNG, located in Cameron Parish, Louisiana. Venture Global CEO Mike Sabel issued the following statement: “CP2 LNG is a vital project for the U.S. economy, balance of trade, and global energy security. We are grateful for the Trump Administration’s return to regular order and regulatory certainty that will allow us to further expand U.S. LNG exports, which have consistently been found to be in the public interest across multiple Administrations. This will enable us to provide our allies around the world with American LNG in just a few years and for decades to come.” Earlier this month, Venture Global announced that it has launched the FID process for CP2 LNG. To date, the initial phase of CP2 LNG has been sold through 20-year sales and purchase agreements with ExxonMobil, Chevron, JERA, New Fortress Energy, INPEX, China Gas, SEFE and EnBW. Venture Global is in active discussions for the remaining capacity and has launched significant off site construction of the project while it has awaited project authorizations from U.S. regulators. https://lnkd.in/e_2uW_7s

Venture Global was proud to host the Governor of Louisiana Jeff Landry, U.S. Secretary of Energy Chris Wright, U.S. Secretary of Interior Doug Burgum and other state & local officials and stakeholders to celebrate the announcement of our planned $18 billion dollar expansion of Plaquemines LNG. We are grateful for their continued support as our team works to quickly expand US LNG export capacity! 🇺🇸🚢 🌎

Venture Global was proud to host the Governor of Louisiana Jeff Landry, U.S. Secretary of Energy Chris Wright, U.S. Secretary of Interior Doug Burgum and other state & local officials and stakeholders to celebrate the announcement of our planned $18 billion dollar expansion of Plaquemines LNG. We are grateful for their continued support as our team works to quickly expand US LNG export capacity! 🇺🇸🚢 🌎

Venture Global announced that it has notified its long-term customers that its Calcasieu Pass facility will commence commercial operations on April 15, 2025. The facility will achieve its commercial operation date, or COD, in under 68 months from its August 2019 final investment decision, despite substantial impacts including two hurricanes, the COVID-19 pandemic, and major unforeseen manufacturing issues, such as with the Heat Recovery Steam Generators (HRSGs) forming part of the facility’s power island. Venture Global wishes to express its gratitude to its construction and completion teams who tirelessly worked to safely complete our facilities, to our vendor teams who provided invaluable support for the necessary repairs, and to our government regulators, including the Federal Energy Regulatory Commission, for their oversight and cooperation. These efforts now allow us to supply our long-term customers with the full 20-year contract term of the lowest-cost, clean LNG as promised under our contracts, and, with our COD, makes Calcasieu Pass among the fastest greenfield LNG projects completed.

VG Responds to Total: “We have always had great respect for Total, but we are disappointed to see them sound like just another foreign incumbent threatened by growing US LNG supply. It’s not a ‘trick’, it’s innovation. Venture Global has now proven twice that our unique 18+ factory-built train configuration can bring US LNG to the market both years faster and at a lower cost." https://lnkd.in/eZEMKa-v

In partnership with the New Orleans Super Bowl Host Committee and the  National Football League (NFL), Venture Global is delighted to give 2 tickets to our incredible Will to Skill Administrator, Brian, for this year’s SUPER BOWL! Not only does Brian lead our workforce training program that's free-of-charge at Nunez Community College, but he is an invaluable mentor and supporter of his students, inspiring them every day to achieve the goals they put their minds toward. Thank you Brian!

🚨NEWS: Today, Venture Global (VG) announced the successful loading and departure of the first liquefied natural gas (LNG) cargo produced from the company’s Plaquemines LNG facility. The inaugural commissioning cargo was loaded onto the Venture Global Bayou – one vessel in VG’s fleet of nine new, state-of-the-art LNG ships – and is being shipped to ENBW in Germany, marking over 60 LNG cargos sent from Venture Global into Germany since 2022. 🇺🇸🇩🇪 Plaquemines LNG is one of the two fastest greenfield projects of its size to reach first production and, now, first cargo delivery, along with Venture Global’s first project, Calcasieu Pass. “I am extremely proud of our team whose relentless execution has enabled Venture Global to continue to meet milestones at exceptional speed. In just five years, Venture Global has built, produced and launched exports from two large-scale LNG projects which has never been done before in the history of the industry,” said Venture Global CEO Mike Sabel.

🚨NEW: America's 8th LNG Export Facility Achieves First Production 🇺🇸🇺🇸 Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana. Achieving this milestone for a 20 MTPA nameplate capacity project 30 months from its Final Investment Decision (FID) makes Plaquemines LNG one of the two fastest greenfield projects to reach first production, along with Venture Global’s first facility Calcasieu Pass. Once fully operational, Plaquemines LNG will be among the largest facilities in the world. “Venture Global is proud to have a world-class team wholly dedicated to our company’s mission of innovating to provide reliable, low-cost, LNG to the world. Because of their hard work and commitment, Venture Global is executing on our promise to deliver much-needed LNG to our allies and strengthen global energy security and reliability. Reaching first LNG at Plaquemines at this pace will enable the United States to remain the top exporter of LNG in the world. Between current and planned facilities, Venture Global is prepared to invest $50 billion in energy projects based in the United States which will create jobs, support local economies, strengthen the balance of trade and unleash much needed US LNG supply to our allies,” said Venture Global CEO & Co-Founder Mike Sabel. Plaquemines LNG reached a Final Investment Decision on Phase One in May 2022, and on Phase Two in March 2023. Because of Venture Global’s unique configuration and construction approach, Plaquemines will produce and export LNG while construction and commissioning continues for the remainder of the project’s 36 trains and associated facilities, unlocking significant additional US LNG supply years faster than any other new suppliers of LNG to the rapidly growing global market. This incremental supply has proven to be a valuable geopolitical asset for the United States especially in recent years during a time of historically tight global LNG markets and project delays.

Venture Global LNG is proud to announced our new multi-year partnership with Monumental Sports & Entertainment, the Washington Capitals, Washington Wizards and Washington Mystics!