Venture Global LNG – Oil & Gas 360

U.S. wants Venture Global to explain confidentiality of its LNG project

March 14, 2024

Oil Price The Federal Energy Regulatory Commission (FERC) has asked U.S. liquefied natural gas exporter Venture Global LNG to justify why it keeps details of its Calcasieu Pass LNG facility confidential, weeks after customers including BP complained that the U.S. LNG seller had not been transparent about the status of its Louisiana plant. BP, along with Shell, Repsol, Eni, and Edison, became

Russia May Be Testing U.S. Gas Nerve with Europe Push: Citi

UPDATE: Venture Global Announces Final Investment Decision for Calcasieu Pass LNG

August 20, 2019

UPDATE: Venture Global Announces Final Investment Decision and Financial Close for Calcasieu Pass LNG … Username or E-mail Password Remember Me Forgot Password

Venture Global LNG Raises $675 Million - Oil & Gas 360

Venture Global Closes on Project Financing for Calcasieu Pass LNG

August 19, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Proceeds from Venture Global’s debt and equity financing will fully fund the construction and commissioning of its Calcasieu Pass LNG facility Venture Global LNG Inc., headquartered in Arlington, Virginia, has closed on the project financing for its Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana. The proceeds

Tropical Storm Barry Puts 70% of Newly Minted U.S. LNG Capacity at Risk

July 12, 2019

From Bloomberg Sabine Pass, Cameron terminals may be in Barry’s path, U.S. natural gas exports have soared amid shale boom Tropical Storm Barry is highlighting the risks that Gulf of Mexico storms pose to America’s newly expanded liquefied natural gas export capacity. Cheniere Energy Inc.’s Sabine Pass export terminal and Sempra Energy’s just-built Cameron facility are potentially in the path

Venture Global LNG Raises $675 Million

June 28, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Funds to be used for the company’s Plaquemines LNG export project Venture Global LNG, Inc., headquartered in Arlington, Virginia, has raised $675 million of additional capital from a variety of institutional investors. The funds will primarily go towards financing the company’s forthcoming Plaquemines LNG export project, located approximately 20 miles south

U.S. LNG Export Industry Loses a Strong Founder, Chairman - Oil & Gas 360

Demand for U.S. NatGas Drives Two Gulf Coast LNG Export Projects Forward, Spurs Increased Capacity

March 15, 2019

Rio Grande LNG secures port location for Texas export plant; Venture Global LNG says global customer demand led it to double its planned capacity from two proposed Louisiana plants to 60 MTPA LNG takeaway growth could be just in time for U.S. gas producers as U.S. NatGas production hit record high in 2018 Two more Gulf Coast LNG export projects

Calcasieu Pass LNG Gets Key Export Approval

March 5, 2019

From Houston Chronicle Federal regulators have authorized Venture Global’s $4.5 billion Calcasieu Pass LNG project in Louisiana to export to China, South Korea, Japan and a number of other nations where liquefied natural gas prices are higher. The U.S. Department of Energy issued an order authorizing Calcasieu Pass LNG to export liquefied natural gas to non-free trade agreement nations, Venture

Adding U.S. Energy Export Capacity: Venture Global Announces Immediate Construction Start for Calcasieu Pass LNG

February 22, 2019

“With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies,” Venture Global Co-CEOs Bob Pender and Mike Sabel said in a statement issued today. What kicked the Calcasieu natural gas liquefaction and export

Upstart Pitches Plan for Cheapest U.S. Natural Gas on the Water

February 14, 2019

From Bloomberg A little-known company is planning to be a standout in the crowded field of U.S. shale gas exports by slashing construction costs for the massive terminals that turn gas into a transportable liquid. The founders of Venture Global LNG Inc. -– Bob Pender, a former energy lawyer, and Michael Sabel, who worked as a banker — don’t have previous experience

Venture Global LNG Aggregate Funding Reaches $630 Million

August 16, 2018

Venture Global LNG Announces Additional Private Placement Funding of $160 Million: Aggregate Funding Total Reaches $630 Million

Another $81 Million toward U.S. LNG Export Capacity: Venture Global’s Funding Reaches $361 Million

May 25, 2017

Venture Global LNG has raised additional capital of $81.4 million in its sixth round of equity investment to capitalize its two proposed LNG export projects in south Louisiana. The recent offering, a private Reg. D transaction, brings the company’s aggregate funding total to $361 million, the company said in a statement. Venture Global’s two Louisiana projects The company has proposed two LNG export

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