Energy News Beat
Sources told LNG Prime that Venture Global is interested in booking three firm LNG carriers with more options at yards in South Korea and China.
However, there is no certainty that this order will be finalized.
No further information has been revealed.
LNG Prime invited Venture Global to comment on the fleet expansion plans.
In March last year, Venture Global announced that it had nine LNG carriers on order in South Korea, further advancing its business integration across the entire LNG supply chain.
Six of these vessels have a cargo capacity of 174,000 cbm, and three have a cargo capacity of 200,000 cbm.
The LNG carriers are being built at South Korea’s Samsung Heavy and Hanhwa Ocean.
Last year, Samsung Heavy delivered the 174,000-cbm Venture Gator and Venture Bayou to the US LNG exporter, the first two vessels in Venture Global’s fleet.
The remaining LNG tankers are scheduled to be delivered on a rolling basis through 2026.
In addition, Venture Global revealed in its IPO statement last year that it has chartered two LNG carriers, adding to its fleet of owned vessels.
The vessels were delivered in August and September 2024, bringing its total shipping portfolio to a total of eleven LNG carriers.
Venture Global currently produces LNG at its 10 mtpa Calcasieu Pass LNG terminal in Louisiana.
The company expects to launch commercial operations at its Calcasieu Pass LNG terminal on April 15, some 68 months from its final investment decision and 38 months after production start.
In addition, Venture Global started producing LNG at the Plaquemines LNG plant in Louisiana on December 13, 2024, and the first shipment left the facility for Germany some two weeks later.
Venture Global is targeting a COD (commercial operations date) for the Plaquemines project in the third quarter of 2026 for Phase 1 and the second quarter of 2027 for Phase 2.
It recently also received approval from FERC to boost the capacity of its Plaquemines LNG terminal to 27.2 mtpa.
Besides these two projects, Venture Global is working on the proposed CP2 LNG project in Louisiana, the Delta project, and its fifth project, CP3.
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