Venture Global (VG) CEO says co. plans to produce 85mln metric tonnes of LNG per year by the end of 2029
Venture Global's commitment to ramp up LNG production to 85 million metric tonnes annually by 2029 signals a significant boost to its market position, especially as they have already contracted 33 million tonnes for the next two years.
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Venture Global (VG) CEO says co. plans to produce 85mln metric tonnes of LNG per year by the end of 2029
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- Has 33mln metric tonnes available to sell under contract over the next two years.
- Expects Qatar Energy's north field expansion project to be further delayed by supply chain disruptions even after the Iran war is over.
The mention of potential delays in Qatar Energy's north field expansion adds a bullish backdrop for LNG prices, as supply concerns may persist amid ongoing geopolitical tensions.
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