Venture Global to sign more 20-year LNG supply deals by year-end, CEO says

US LNG exporter Venture Global reported revenue of $4.76 billion in the third quarter of this year, a 43 percent rise from the year before, while its net income rose more than five times to $2.55 billion.

Australian engineering firm Worley has signed a reimbursable engineering, procurement, and construction (EPC) contract for Venture Global’s CP2 LNG expansion project in Louisiana.

US LNG exporter Venture Global has started commercial operations of the first phase of its second LNG export project, Plaquemines LNG, and LNG sales to the first phase’s long-term customers.

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.