SUBSCRIBE
PROFILE

Plaquemines LNG: A Historic Milestone in U.S. Liquefied Natural Gas Production

Venture Global announces the start of production at its second terminal, Plaquemines LNG, in Louisiana. This project, one of the fastest to achieve this critical milestone, marks a major advancement for the U.S. and global energy markets.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Venture Global, a key player in the energy market, confirmed on December 15, 2024, the start of liquefied natural gas (LNG) production at its Plaquemines LNG terminal, located in Port Sulphur, Louisiana. This terminal, with a nameplate capacity of 20 million tons per year (MTPA), achieved this strategic milestone just 30 months after its Final Investment Decision (FID).

With this record-breaking speed, Plaquemines LNG joins Venture Global’s first terminal, Calcasieu Pass, as one of the two fastest greenfield projects to reach production. Once fully operational, Plaquemines LNG will rank among the largest LNG production facilities in the world.

An Innovation and Speed Model

Plaquemines LNG’s success is built on a unique technical configuration and an innovative construction approach. Unlike traditional projects, this facility is already producing and exporting LNG while construction and commissioning of the 36 trains and associated infrastructure continue. This strategy allows Venture Global to bring new capacity to a global market strained for LNG supply.

The project progressed in two phases, with FIDs in May 2022 for Phase 1 and March 2023 for Phase 2. This modular and phased operational management enables quicker responses to growing demand while reducing commissioning delays.

Economic and Geopolitical Impact

The Plaquemines LNG terminal is part of Venture Global’s broader investment strategy, with current and future projects representing a $50 billion commitment. These projects aim to bolster global energy security while supporting local economies and creating thousands of jobs across the United States.

At the same time, this increased capacity helps maintain the United States’ position as the world’s top LNG exporter. Amid tight markets and delays on other international projects, Plaquemines LNG is a strategic asset in providing reliable energy to U.S. allies.

The rapid development of this facility also reflects shifting geopolitical priorities. Energy supply has become a central issue, particularly in response to recent global LNG market imbalances and challenges posed by international crises.

  • Popular on energynews.pro
Citgo shifts under Elliott control for $5.9bn pending U.S. approval
ExxonMobil shuts down steam cracker in Singapore and redirects assets to China
Global green hydrogen market to reach $74.81bn by 2032
Carbonova raises C$5.1mn to launch industrial nanofibre demonstrator in Calgary
Polish army joins efforts to secure power grid against drone threats
China receives first Russian LNG shipment via sanctioned Beihai terminal
The Valera LNG carrier delivered a shipment of liquefied natural gas (LNG) from Portovaya, establishing a new energy route between Russia and China outside Western regulatory reach.
Hungary hosts TurkStream headquarters after asset freeze in the Netherlands
South Stream Transport B.V., operator of the offshore section of the TurkStream pipeline, has moved its headquarters from Rotterdam to Budapest to protect itself from further legal seizures amid ongoing sanctions and disputes linked to Ukraine.
Panama Canal sidelined as US LNG flows shift decisively toward Europe
US LNG exports are increasingly bypassing the Panama Canal in favour of Europe, seen as a more attractive market than Asia in terms of pricing, liquidity and logistical reliability.
IOC seeks spot LNG cargo for Dahej as Russian sanctions tighten
Indian Oil Corporation has issued a tender for a spot LNG cargo to be delivered in January 2026 to Dahej, as Asian demand weakens and Western restrictions on Russian gas intensify.
McDermott secures EPCIC contract for gas project offshore Brunei
McDermott has secured a major engineering, procurement, construction, installation and commissioning contract for a strategic subsea gas development offshore Brunei, strengthening its presence in the Asia-Pacific region.
Fluor and JGC deliver second LNG Canada unit in Kitimat
The partnership between Fluor and JGC has handed over LNG Canada's second liquefaction unit, completing the first phase of the major gas project on Canada’s west coast.
NOG acquires 49% stake in Utica gas assets for $588mn with Infinity
Northern Oil and Gas and Infinity Natural Resources invest $1.2bn to acquire Utica gas and infrastructure assets in Ohio, strengthening NOG’s gas profile through vertical integration and high growth potential.
Sanctioned Russian LNG vessel delivers to China’s Beihai port
China has received its first liquefied natural gas shipment from Russia’s Portovaya facility, despite growing international sanctions targeting Russian energy exports.
Brazil’s free gas market reaches 13.3 Mcmd with unprecedented industrial shift
Brazil’s natural gas market liberalisation has led to the migration of 13.3 million cubic metres per day, dominated by the ceramics and steel sectors, disrupting the national competitive balance.
Sasol inaugurates gas processing unit to supply Temane thermal power plant
Sasol has launched a new gas processing facility in Mozambique to secure fuel supply for the Temane thermal power plant and support the national power grid’s expansion.
Congo LNG reaches 3 mtpa and anchors the strategic gas axis between Eni and Europe
With the addition of Nguya FLNG to Tango, Eni secures 3 mtpa of capacity in Congo, locking in non-Russian volumes for Italy and positioning Brazzaville within the ranks of visible African LNG exporters.
JERA signs 10-year LNG supply deal with Torrent Power
Japan’s JERA has signed a liquefied natural gas supply contract with India’s Torrent Power for four cargoes annually from 2027, marking a shift in its LNG portfolio toward South Asia.
NEO NEXT+ becomes the UKCS’s largest gas producer with TotalEnergies and Repsol
The merger of TotalEnergies and Repsol’s UK assets into NEO NEXT+ creates a 250,000 barrels of oil equivalent per day operator, repositioning the majors in response to the UK’s fiscal regime and basin decline.
QatarEnergy steps up pressure on the EU in response to the CSDDD directive
Climate requirements imposed by the European due diligence directive are complicating trade relations between the European Union and Qatar, jeopardising long-term gas supply as the global LNG market undergoes major shifts.
Colombia: electrification could avoid $190mn in gas imports by 2030
A report forecasts that improved industrial energy efficiency and residential electrification could significantly reduce Colombia’s need for imported gas by 2030.
US oil activity slows as gas drives M&A rebound in 2026
Falling rig counts and surging natural gas demand are reshaping the Lower 48 energy landscape, fuelling a rebound in gas-focused mergers and acquisitions.
Nigeria unlocks $128 million to repay gas debts
The Nigerian government has approved a payment of NGN185bn ($128 million) to settle debts owed to gas producers, aiming to secure electricity supply and attract new investments in the energy sector.
Riley Permian sells New Mexico gas project for $111 million
Riley Exploration Permian has finalised the sale of its Dovetail Midstream entity to Targa Northern Delaware for $111 million, with an additional conditional payment of up to $60 million. The deal also includes a future transfer of equipment for $10 million.
Stanwell secures exclusivity on 1,860 MW hybrid energy project in Gladstone
Stanwell has secured an exclusive agreement with Quinbrook for the development of the Gladstone SDA Energy Hub, combining gas turbines and long-duration battery storage to support Queensland’s electricity grid stability.
US LNG profitability under pressure as domestic prices surge
The growth of US liquefied natural gas exports could slow if rising domestic costs continue to squeeze margins, as new volumes hit an already saturated global market.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.