Wednesday, 11 November 2026
Economy

Venture Global Expects to Overtake QatarEnergy in LNG Exports by End of 2027

U.S. company Venture Global expects to become the world's largest exporter of liquefied natural gas by shipment volume. The company plans to begin LNG production at its third major terminal in Louisiana in mid-2027.

11 Nov, 14:54Read in Russian

Venture Global CEO Mike Sabel stated in an interview with Fortune that the company expects to surpass U.S. Cheniere Energy and Qatar's QatarEnergy even if Qatar fully restores its damaged capacities. According to Fortune, supplies from the Plaquemines terminal have partially compensated for the reduction in Qatari exports. The first phase of Plaquemines began deliveries under long-term contracts on October 31.

The new CP2 terminal is being built next to the existing Calcasieu Pass. According to Venture Global's estimates, with the expansion of its sites, the company's total export capacity will exceed 100 million tons of LNG per year by 2030.

The company also expects to use available land and its own gas generation in Louisiana to host data centers. According to Sabel, the available capacity for them could reach 5 GW by the end of 2031 and 10 GW by 2034. The sites are planned to be powered autonomously, without connection to the general grid.