UK-based energy giant BP is seeking between $3.7 billion and potentially in excess of $6 billion in damages from US LNG exporter Venture Global LNG in an arbitration case over LNG sales from the Calcasieu Pass 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.