Energia
VENTURE GLOBAL LNG EXPANDS LNG PARTNERSHIP WITH SHELL
Venture Global now holds the global record for the fastest construction of a large-scale greenfield LNG facility with Calcasieu Pass and is actively under construction at Plaquemines LNG, which is expected to come online in 2024.
Global LNG demand is expected to nearly double by 2040. This deal will secure additional volumes for Shell's leading and diverse global LNG portfolio.
Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global's first facility, Calcasieu Pass, commenced producing LNG in January 2022. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities.
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