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The 127 LNG cargoes compare to 130 LNG cargoes in the first quarter, 128 LNG cargoes in the fourth quarter, 100 LNG cargoes in the third quarter, 89 LNG cargoes in the second quarter, and 63 LNG cargoes in the first quarter of 2025.
Venture Global said in an SEC filing that it sold and recognized in revenue 466.4 TBtu of LNG at an implied weighted average fixed
liquefaction fee of $6.45 per MMBtu during the second quarter.
During the first quarter, the LNG exporter sold and recognized in revenue 480.8 TBtu of LNG at an implied weighted average fixed liquefaction fee of $3.82 per MMBtu.
LNG prices jumped in the second quarter due to the ongoing conflict in the Middle East.
Calcasieu Pass
For the quarter ended June 30, 2026, Venture Global sold and recognized in revenue 137.5 TBtu of LNG from its Calcasieu Pass facility.
During the quarter, Venture Global exported 37 cargoes from its Calcasieu Pass facility
This compares to 38 cargoes in the first quarter of this year.
In April 2025, Venture Global launched commercial operations at its Calcasieu Pass LNG terminal, some 68 months from its final investment decision and 38 months after production start.
The Calcasieu Pass facility consists of 18 modular units configured in 9 blocks.
Customers of the Calcasieu Pass facility include Shell, BP, Repsol, Edison, Galp, PGNiG, now part of Orlen, Sinopec’s unit Unipec, and CNOOC.
In March, Venture Global and Italian energy firm Edison, a unit of EDF, signed a commercial agreement to settle the pending arbitration over LNG sales from the Calcasieu Pass plant in Louisiana.
As part of the settlement, Edison and Venture Global have also agreed to deliver additional LNG cargoes to Europe.
Plaquemines LNG
Venture Global said in the filing that it has exported 90 cargoes from its Plaquemines LNG facility in Louisiana during the first quarter.
This is two cargoes fewer than the previous quarter.
For the quarter ended June 30, 2026, Venture Global also exported five DES cargoes (20.1 TBtu) from its Plaquemines facility on its owned or chartered LNG vessels that will be recognized in the following quarter.
The company sold and recognized in revenue 328.9 TBtu of LNG from its Plaquemines facility during the quarter.
Last year, Venture Global received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal to 27.2 mtpa, without any new facilities, construction activities, or modifications to the previously authorized facilities.
Venture Global is also seeking approval from the US FERC to boost the capacity of its Plaquemines LNG terminal to 35 mtpa.
The company is targeting a COD (commercial operations date) for the Plaquemines project in the fourth quarter of 2026 for Phase 1 and in mid-2027 for Phase 2.
