Venture Global Moves Forward With Plaquemines LNG Expansion Project

Core Insights - Venture Global Inc. has made significant progress in expanding its Plaquemines LNG project by submitting applications for approval to the Federal Energy Regulatory Commission and export authorizations to the U.S. Department of Energy [1][2] Expansion Details - The Plaquemines expansion project has seen production targets raised by nearly 40% due to increasing global LNG demand and improvements in the efficiency of modular liquefaction trains [2] - The expansion will occur in three phases, incorporating 32 modular liquefaction trains, which is expected to increase production capacity from an approved 28 million tons per annum (MTPA) to over 58 MTPA [3] Project Timeline and Strategy - The timelines for the start of commercial operations for Phase I and Phase II remain unchanged, and the phased approach is deemed the most logical and cost-effective for scaling the project according to market needs [4]