Venture Global Begins Phase 1 Commercial Operations at Plaquemines LNG Export Facility
VG Venture Global Inc
$11.80 +2.34%
View chart & analysis → - 1Venture Global has commenced commercial operations 53 months after its final investment decision in May 2022.
- 2The Phase 1 facility has a nominal production capacity of approximately 13.3 million metric tons per annum (mtpa).
- 3Shell received its first LNG cargo from the facility on November 1.
So what's the key point?
Venture Global has started full-scale operations at its gas export facility after 53 months. With Shell receiving the first shipment, the facility has entered the stage of operating as planned.
Source Oilprice.com +1 · View original ↗
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