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 of the port of New Orleans in Plaquemines Parish, Louisiana. Upon competition, the 630-acre facility will have a capacity of 20 Mtpa.

Source: Venture Global LNG

"With the expansion of our Plaquemines LNG sales and purchase agreement with PGNiG to 2.5 Mtpa and in anticipation of additional near-term commercialization, we...

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