Venture Global, Inc. is a U.S.-based energy company specializing in the production and export of liquefied natural gas (LNG). Founded in 2013 by Michael Sabel and Robert Pender, the company is headquartered in Arlington, Virginia. Venture Global focuses on providing low-cost, long-term LNG solutions sourced from North American natural gas basins. Its mission centers on delivering clean and reliable energy to global markets, aiming to meet the increasing energy demands of a growing global middle class.
The company's operations are primarily concentrated in Louisiana, where it has developed several major LNG facilities. These include the Calcasieu Pass LNG terminal in Cameron Parish, which commenced commercial operations in January 2022, and the Plaquemines LNG facility in Plaquemines Parish, which began LNG production in December 2024. Additionally, Venture Global is developing the CP2 LNG project in Cameron Parish, which, upon completion, is expected to have an export capacity of at least 20 million metric tons per annum (MTPA).
Venture Global's business model encompasses the entire LNG supply chain, including production, shipping, and regasification. The company has secured long-term sales and purchase agreements with various international partners, ensuring a stable demand for its LNG products. Its strategic location along the Gulf Coast provides direct access to global shipping routes, facilitating efficient distribution to markets in Europe, Asia, and beyond.
Venture Global has received approval from U.S. regulators to proceed with certain construction activities at its proposed CP2 LNG facility, following the Federal Energy Regulatory Commission's (FERC) approval of the plant's full construction earlier in the month. The CP2 project, with a planned capacity of 20 MTPA, is set to become the largest LNG facility in the United States. If completed, it would position Venture Global as the country's top LNG exporter. The company has already invested $5 billion in the project and secured an additional $3 billion in funding to continue development.