U.S. Cements LNG Export Crown as Venture Global Fires Up Plant
- U.S. solidifies its lead as world’s top LNG exporter
- Cheniere’s Sabine Pass plant cleared to start new unit
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The U.S. has cemented its position as the world’s top producer of liquefied natural gas after Venture Global LNG began preparing to send its first cargo of the super-chilled fuel and rival Cheniere Energy Inc. expanded service.
Venture Global’s $5.8 billion export facility in Louisiana expects to load the inaugural cargo on or after February 9, regulatory filings show. When it’s fully operational later this year, the U.S. will have the capacity to ship as much as 13.9 billion cubic feet of LNG per day, more than top producers Australia and Qatar. Cheniere’s Sabine Pass facility, meanwhile, received clearance to place an expansion into commercial service.