Venture Global, Inc. (VG)

The company now

Venture Global announced on 7 October 2026 that it sold and recognized in revenue 465.8 TBtu of LNG in the third quarter, shipped in 124 cargos 3. LNG is natural gas cooled into a liquid so ships can carry it 1.

Plaquemines, its second plant, supplied 328.1 TBtu of that, and Calcasieu Pass, its first, supplied 137.7 TBtu 3.

The quarter before, revenue was $4.6 billion, up 48 percent from a year earlier, mainly because Plaquemines sold more LNG as it ramped up 2.

On the same 7 October, an arbitration panel told its Calcasieu Pass subsidiary that it had breached a Galp Trading contract by declaring the start of commercial operations late 4. The company said it is disappointed and is weighing its options 4.

Remedies are not set 4. A damages hearing is anticipated in 2027 or 2028, and the final award would be capped at $170 million under the contract 4.

On 9 October it also signed frame agreements with GE Vernova, Baker Hughes and GE Grid for power equipment, about $17.2 billion in all if every order goes ahead 5.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.