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Michael Sabel

Michael Sabel

Co-CEO and Co-Chairman, Venture Global LNG

Appears in 1 story

Stories

Gulf Coast LNG buildout reshapes global energy trade

Built World

Leading company through rapid expansion, arbitration disputes, and stock recovery; navigating $1B+ BP damages claim and regulatory challenges

When Cheniere Energy shipped America's first cargo of liquefied natural gas from Louisiana in February 2016, the United States 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. Venture Global's aggressive expansion—including the $15.1 billion Calcasieu Pass 2 terminal under construction since mid-2025 and a major brownfield expansion of Plaquemines LNG announced in November 2025—positions the company to produce over 100 million metric tons annually by 2028, rivaling Qatar and Australia as a global LNG superpower.

Updated Feb 18