Tag: Plaquemines Parish, Louisiana

Venture Global LNG is confronting renewed skepticism from foundation customers about its contract fulfillment plans amid regulatory extensions for its Plaquemines facility. The company faces multiple arbitration cases and a negative outlook revision from Fitch as spot market prices create significant revenue incentives. Industry analysts suggest the situation mirrors previous contract disputes at the company’s Calcasieu Pass terminal.

LNG Supplier Addresses Contract Fulfillment Concerns

Venture Global LNG is working to reassure major energy clients about its commitment to long-term supply agreements amid growing concerns the company may prioritize spot market sales over contractual deliveries, according to industry reports. The Virginia-based liquefied natural gas exporter has communicated with foundation customers regarding its Plaquemines export terminal in Louisiana after securing regulatory approval to extend the facility’s operational timeline.