Overview
Venture Global, Inc. is a U.S.-based liquefied natural gas (LNG) producer and exporter. Its business spans LNG production and the associated transportation, shipping and regasification activities, with LNG as its principal product for international markets. Its first three projects—Calcasieu Pass, Plaquemines and CP2—are located in Louisiana.[1][2][3] The company describes its purpose in terms of supporting global energy security and diversification while meeting growing energy demand.[1]
Founded in 2013, Venture Global has grown into a large-scale LNG developer and operator. As of its Q2 2026 results, it reported more than 100 MTPA of LNG capacity in production, construction or development.[4][3] It reported FY2025 revenue of $13.769 billion.[5] [1][2][3][4][5][4][5]
Products & services
Venture Global’s principal product is liquefied natural gas (LNG). Its offering includes natural-gas supply and transportation, liquefaction, LNG export and shipping, and regasification [6][7]. The company does not report separate product grades or product-specific percentages of performance in the cited materials.
Its facilities provide the technical capacity for this LNG offering: operating Calcasieu Pass has peak export capacity above 12 million tonnes per annum (MTPA), while Plaquemines has 36 trains and expected capacity exceeding 28 MTPA [8][9]. CP2 is designed for 20 MTPA nameplate capacity, with 36 trains, four 200,000-cubic-metre storage tanks and two loading berths; following the Phase 2 investment decision, its stated peak capacity is 29 MTPA [10][11]. [6][7][8][9][10][11][7][8][9][10][11]
Geographic presence
Venture Global’s LNG facilities and infrastructure are located along the U.S. Gulf Coast, with the company describing its markets as global. Calcasieu Pass is in Cameron Parish, Louisiana, south of Lake Charles; Plaquemines is along the Mississippi River, about 20 miles south of New Orleans; and CP2 is planned adjacent to Calcasieu Pass in Cameron Parish.[8][12][13][6]
The company’s Q2 2026 filing lists its principal executive office at 1001 19th Street North, Suite 1500, Arlington, Virginia 22209. Venture Global has reported LNG cargoes supplied to Spain, but the sources reviewed do not provide revenue shares by country or region, or an employee distribution by geography.[14][15][16][17] [6][14][16][17][8][12][13][15]
Business segments
Venture Global reports four business segments: Calcasieu Project, Plaquemines Project, CP2 Project, and Sales and shipping. It also reports “Corporate, other and eliminations” as a separate reconciliation category, rather than as an operating business segment.[18][19]
For the six months ended June 30, 2026, Calcasieu and Plaquemines represent LNG export projects, while CP2 is a project under development with no reported revenue for the period. Sales and shipping covers LNG sales and shipping, including sales through VG Commodities.[20][19][21] Approximate shares of positive segment revenue before eliminations were Plaquemines 62%, Sales and shipping 23%, and Calcasieu 16%; CP2 had no revenue. These percentages use $11.622 billion of positive segment revenue as the denominator, before $2.445 billion of eliminations.[19]
Operating income was concentrated in Plaquemines, which generated approximately 97% of consolidated operating income for the period; Calcasieu contributed about 7%, Sales and shipping about 9%, and CP2 recorded an operating loss equivalent to roughly 3% of consolidated operating income. Corporate, other and eliminations recorded a loss equivalent to about 11%. Percentages are approximate and use consolidated operating income as the denominator, so operating losses reduce the total.[19] [18][19][20][21]
Company history
Venture Global was founded in 2013 by Bob Pender and Michael Sabel. Its first major project, Calcasieu Pass, received federal authorization and reached a final investment decision in 2019. LNG production began there in January 2022, and the project loaded its first commissioning cargo in March of that year. After a commissioning period, Calcasieu Pass began commercial operations in April 2025.[4][22][23][24]
The company received federal authorization for Plaquemines LNG in 2019. The facility began producing LNG in December 2024 and sent out its inaugural commissioning cargo later that month.[25][26][27]
Venture Global became publicly traded in 2025 after pricing its initial public offering in January. Its later expansion project, CP2, received federal authorization in 2024; the company reached final investment decisions for its first phase in 2025 and its second phase in 2026.[28][29][30][31] [32][23][24][4][22][25][26][27][28][29][30][31][4][22][25][26][27][28][29][30][31]
Sources
- Venture Global, Inc. — Full financial report (2025 Y)
- Venture Global, Inc. — Press release (2026 Q 2)[3]
- ventureglobal.com[4]
- www.sec.gov[5]
- Venture Global, Inc. — Full financial report (2026 Q 2)
- ventureglobal.com[7]
- ventureglobal.com[8]
- ventureglobal.com[9]
- ventureglobal.com[10]
- ventureglobal.com[11]
- ventureglobal.com[12]
- ventureglobal.com[13]
- investors.ventureglobal.com[15]
- ventureglobal.com[22]
- Venture Global, Inc. — Ipo (2024 O)[23][32]
- ventureglobal.com[25]
- ventureglobal.com[26]
- ventureglobal.com[27]
- ventureglobal.com[28]
- www.sec.gov[29]
- investors.ventureglobal.com[30]
- investors.ventureglobal.com[31]
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