#USA #Venture Global #LNG production #Port Sulphur #Plaquemines

Venture Global's Plaquemines LNG Achieves Historic LNG Production

Venture Global LNG has made headlines with the announcement of first LNG production from its Plaquemines facility, located in Port Sulphur, Louisiana. This milestone comes just 30 months after the company made its final investment decision (FID). Plaquemines LNG is now among the fastest greenfield projects in the sector, alongside Venture Global's earlier facility, Calcasieu Pass.

The Plaquemines LNG facility boasts a nominal capacity of 20 million tons per annum (MTPA), making it one of the largest LNG plants worldwide once fully operational. CEO Mike Sabel expressed pride in the company’s world-class team, which is dedicated to providing reliable and affordable LNG through innovation. The achievement of first production not only fulfills a commitment to deliver essential LNG to allies but also strengthens global energy security.

Venture Global is dedicated to investing in projects that drive economic growth in the U.S., with plans to channel $50 billion into energy initiatives. This investment is expected to create jobs, stimulate local economies, and enhance the U.S. trade balance by ramping up LNG deliveries to allies worldwide.

The project’s unique configuration allows Plaquemines LNG to produce and export LNG while simultaneously continuing with the construction and commissioning of 36 additional trains and associated facilities. This strategic advantage enables the U.S. to provide additional LNG supplies to the growing global market faster than any new supplier counterpart—an increasingly valuable geopolitical asset in recent years marked by tight global LNG markets and project delays.

Venture Global has already made significant strides in the sector as a long-term, cost-effective supplier of U.S. LNG sourced from North American gas reserves. The company’s operations encompass the entire LNG supply chain from production to shipping and regasification. The first facility, Calcasieu Pass, commenced LNG production in January 2022, and with Plaquemines LNG now in operation, Venture Global is on track to achieve a total production capacity exceeding 100 MTPA in its current development phase.

Moreover, the company actively pursues carbon capture and sequestration (CCS) projects at all its LNG facilities, underlining its commitment to sustainability in the energy sector. As U.S. LNG continues to gain prominence on the international stage, Venture Global’s achievements mark an important step in the journey toward enhancing energy security and affordability worldwide.

The rapid development and commissioning of LNG facilities like Plaquemines LNG signify the U.S.'s crucial role in the global energy landscape, affirming its position as a leading LNG exporter. Moving forward, Venture Global aims to expand its contributions, addressing the increasing energy demands of global markets while supporting local economies through job creation and investment in infrastructure.

In this dynamic environment, the emphasis on innovation and responsible energy production will be key as companies like Venture Global continue to pave the way for a sustainable energy future.