Venture Global LNG

Stories

Venture Global's Plaquemines LNG Phase One starts commercial operations

Operator of Plaquemines LNG; publicly traded on the New York Stock Exchange

On October 31, 2026, Venture Global declared commercial operations at the first phase of its Plaquemines LNG terminal in Louisiana, 53 months after the project's May 2022 final investment decision. The first cargo under a long-term contract left the next morning at 3:26 a.m. aboard the carrier Malaga Knutsen, lifted by Shell.

Updated Nov 2

Gulf Coast LNG buildout reshapes global energy trade

Built World

As of May 2026: Largest U.S. LNG exporter by facilities under development; stock recovered from IPO collapse; facing $1B+ arbitration damages but winning other contract disputes

When Cheniere Energy shipped America's first LNG cargo from Louisiana in February 2016, the U.S. was a net gas importer. A decade later, the country leads the world in LNG exports, with capacity set to more than double by 2029.

Updated May 27