US energy giant Chevron and Polish LNG importer Orlen have asked the US FERC to let them intervene in a proceeding regarding Venture Global LNG’s recent request for more time to put into service the Plaquemines LNG plant in Louisiana.
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US LNG exporter Venture Global expects resolution of the next arbitration case over LNG sales from its Calcasieu Pass plant in Louisiana by the end of this year, according to CEO Mike Sabel.
US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.