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Venture Global Exports Surge in Q2, Advances New Production Sites

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Venture Global (VG) exported 127 cargoes of liquefied natural gas in Q2 and sold 466.4 trillion British thermal units of the energy source, a 42% increase or 38 cargoes more than in Q2, 2025, it said in its quarterly results on Tuesday.

The LNG producer executed offtake agreements totaling more than 2 million metric tons per annum and expanded an existing 20-year sales and purchase agreement with Atlantic-SEE to 1.0 million tons per annum, up from 0.5 million tons per annum.

The company completed a major maintenance program on gas turbines at the Calcasieu Pass facility, it said.

Venture Global is aiming for its first LNG from the Plaquemines Expansion Phase 1 project by 2029, subject to receipt of permits which it has now applied for.

It aims to produce its first LNG from the CP2 project in H2 this year and has 16 liquefaction modules on site, roofs raised on all four LNG tanks and five gas and steam turbines on their foundations.

Venture Global is aiming to take a final investment decision on the CP2 expansion project in early 2027 and to produce from the site by late 2028.

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