Venture Global posts third-quarter profit on strong LNG demand

Core Insights - Venture Global reported a profit in the third quarter, a significant turnaround from a loss in the same period last year, driven by increased output from its Plaquemines liquefied natural gas plant in Louisiana and robust LNG demand [1] Company Performance - The company experienced a profitable third quarter, contrasting with a loss from the previous year [1] - Increased production levels at the Plaquemines LNG facility contributed to the improved financial performance [1] Industry Context - The liquefied natural gas (LNG) market is witnessing strong demand, which has positively impacted Venture Global's financial results [1]