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Market Chatter: Venture Global Reassures Plaquemines Phase 2 LNG Buyers on Deliveries

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Venture Global (VG) told customers of its Plaquemines Phase 2 LNG export plant in Louisiana that deliveries remain on schedule at previously agreed prices, Reuters reported Wednesday, citing a person familiar with the matter.

In a letter to customers, Venture Global said it remains committed to starting long-term deliveries by the end of Q2 2027 despite a recent jump in global gas prices, the report said. Customers include Exxon Mobil (XOM) and Chevron (CVX), the report said.

Venture Global did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $14.88, Change: $-0.23, Percent Change: -1.56%

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