Venture Global Pledges On-Time Plaquemines LNG Deliveries

Venture Global told buyers its Plaquemines plant remains on schedule for October deliveries. The pledge comes as Middle East conflict drives gas prices higher.

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Venture Global, Inc. has issued formal assurances to its contract partners that the Plaquemines liquefied natural gas (LNG) export facility in the United States remains on track for its scheduled deliveries. Despite the geopolitical instability resulting from the conflict between Israel and Iran, the developer confirmed it will honor its existing price agreements and timelines for Phase 1 buyers.

A scale model of an LNG tanker used for illustrative purposes. REUTERS/Dado Ruvic/Illustration/File Photo
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