Venture Global plans to double LNG plant capacity

Venture Global said Monday it has asked federal regulators to approve an expansion of the Plaquemines LNG facility, now the second largest on the U.S. Gulf Coast, with future plans calling for a doubling of the plant’s annual capacity to 58 million metric tons.
The expansion of the Plaquemines facility, which is located on a 631-acre property along the Mississippi River about 25 miles south of New Orleans, would consist of 32 modular liquefaction trains built in three phases and add 30 million metric tons of annual liquified natural gas production capacity to the previously approved 28 million tons per year.
Both the Federal Energy Regulatory Commission and the Department of Energy must grant approvals and issue the necessary permits before Venture Global can begin construction.
“This strategic step provides Venture Global with the optionality to develop a scalable project that can efficiently meet market needs as they evolve,” Venture Global CEO Mike Sabel said in a news release.
Venture Global completed work on Phase 1 at the Plaquemines facility in December 2024. The company expects to place the second phase into service by mid-2027.