Venture Global Company Research Report

Company Overview

• Name: Venture Global LNG, Inc.

• Mission: Venture Global aims to be a long-term, low-cost provider of American-produced liquefied natural gas, facilitating the global demand for North American natural gas and supporting the development of clean, reliable North American energy supplies.

• Founded By: No information is available.

• Key People:

• Robert Pender, Executive Co-Chairman & Founder

• Headquarters: 1001 19th Street North, Suite 1500, Arlington, VA 22209, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Venture Global is known for providing low-cost liquefied natural gas (LNG) solutions to global markets through innovative, modular designs and environmentally advanced facility features, including carbon capture and storage technologies.

Products

Calcasieu Pass

• Description: A liquefied natural gas (LNG) liquefaction and export facility under construction and commissioning in Cameron Parish, Louisiana.

• Key Features: Expected export capacity of at least 10 million tonnes per annum (MTPA).

Plaquemines LNG

• Description: An LNG liquefaction and export facility under construction in Plaquemines Parish, Louisiana.

• Key Features: Expected export capacity of at least 20 MTPA.

CP2 LNG

• Description: Advanced engineering stage project with major procurement underway, located in Cameron Parish, Louisiana.

• Key Features: Expected export capacity of at least 20 MTPA.

CP3 LNG

• Description: Development project near the Calcasieu Project and the CP2 Project in Cameron Parish, Louisiana.

• Key Features: Expected export capacity of at least 30 MTPA.

Delta LNG

• Description: Development project in Plaquemines Parish.

• Key Features: Expected export capacity of at least 24.4 MTPA.

Recent Developments

• February 17, 2025: Announcement of the commercial operations commencement at Calcasieu Pass on April 15, 2025.

• December 14, 2024: Plaquemines LNG achieved its historic first LNG production, marking it as America's 8th LNG export facility.

• December 26, 2024: First commissioning cargo from Plaquemines LNG was shipped to Germany.

• March 18, 2024: Venture Global announced a fleet of state-of-the-art LNG vessels, with the first deliveries expected within the year.

• September 30, 2024: Closure of a $3 billion Perpetual Preferred Stock inaugural offering.

• June 27, 2024: Approval by the Federal Energy Regulatory Commission (FERC) for CP2 LNG.

• October 24, 2023: Closing of $4 billion senior secured notes.

• June 22, 2023: Announced a 20-year LNG sales and purchase agreement with JERA.

• May 26, 2023: Closed a $4.5 billion senior secured notes deal.

• Environmental Initiatives: Venture Global launched a Carbon Capture and Sequestration Project to lower emissions footprint.

Strategy and Global Reach

• Cost Leadership: Venture Global employs a differentiated owner-led, development and construction strategy to reduce costs, disrupting the traditional LNG industry model.

• Global Offices: In addition to its Arlington headquarters, the company has offices in Tokyo, London, Houston, and Singapore to assist global operations.

• Innovation: The company utilizes factory-built, mid-scale, modular plant designs to offer significant cost, schedule, safety, and operational advantages over traditional large-scale projects.

Future Outlook

Venture Global continues to expand its operational capabilities and strategic partnerships, thereby enhancing its position as a significant player in the global LNG market. The continual investment in environmentally responsible technologies showcases their commitment to sustainability alongside long-term growth and competitiveness in the energy sector.