Venture Global Accuses Shell of Waging a Campaign to Damage Its Business

Core Viewpoint - Venture Global accuses Shell of a three-year campaign to damage its business, claiming Shell's actions are based on baseless claims [1][2] Group 1: Legal Disputes - Shell has sued Venture Global for selling LNG on the spot market while delaying the commissioning of its Calcasieu Pass LNG plant [3][4] - In 2023, Shell and other major firms accused Venture Global of profiteering by selling higher-priced spot market LNG cargoes that should have been supplied under long-term contracts [4] - An arbitration tribunal ruled in August that Venture Global did not violate its contractual obligations, as it was not obligated to honor long-term commitments until the plant was officially commissioned [5] Group 2: Ongoing Developments - Shell is appealing the arbitration decision in the New York Supreme Court, alleging that Venture Global withheld information during the original case [6]