Venture Global secures natural gas deal at Plaquemines LNG

Venture Global 's Plaquemines LNG (Courtesy Venture Global)

Venture Global LNG has agreed to buy natural gas for its Plaquemines LNG export plant from a unit of Spanish energy company Repsol, Reuters reports.

The Repsol contract is for 18.25 billion cubic feet per year over three years, according to the company’s filing with the U.S. Department of Energy.

Venture Global started early site work at the Plaquemines facility, about 20 miles south of New Orleans, in 2021. The facility is expected to begin operations in 2024. Read the entire story.