Venture Global (NYSE:VG) LNG, Inc. is a U.S.-based energy development company specializing in the liquefied natural gas (LNG) sector. Founded in 2014 and headquartered in Covington, Louisiana, the company focuses on the development, construction and operation of large-scale, onshore LNG export facilities. Its core mission is to deliver competitively priced LNG to global markets, leveraging the abundant natural gas resources of the Gulf Coast region.
Venture Global’s flagship project, Calcasieu Pass LNG, commenced operations in 2022 and was designed to export LNG year-round to international customers. Its second facility, Plaquemines LNG, is currently under construction near the Mississippi River and is expected to further increase the company’s export capacity. Both projects incorporate modular liquefaction technology aimed at reducing capital costs and expediting project timelines.
The company has secured long-term sale and purchase agreements with a variety of international energy off-takers, serving markets in Europe, Asia and Latin America. By establishing these partnerships, Venture Global LNG is positioning itself as a reliable supplier amid shifting global energy demands and policies that favor lower-carbon fuel alternatives.
Leadership at Venture Global includes CEO Michael Sabel, co-founder and former capital markets executive, supported by a management team with extensive experience in LNG project development, finance and operations. Since its inception, the company has maintained a streamlined corporate structure with the goal of delivering projects on schedule and within budget.