Venture Global Confident It Will Win Other LNG Cases After Shell
A Venture Global liquefied natural gas export facility in Port Sulphur, Louisiana.
Photographer: Kathleen Flynn/BloombergVenture Global Inc., set to become the top US exporter of liquefied natural gas, is confident it will win the remaining arbitration cases on supply from its first plant in Louisiana after a victory over Shell Plc.
The company on Tuesday said it won arbitration proceeding with Shell related to the timing of contractual shipments from the Calcasieu Pass plant, which came more than three years after the project began exporting the fuel. The shares jumped as much as 15% on Wednesday.