During its quarterly earnings call last week, Venture Global gave an update on the timeline of its pending and existing LNG facilities. The company plans to grow to 85 mtpa of LNG capacity by the end of 2029. As shown in the graph below from their report, this would make them the largest LNG exporter in the U.S. and the second-largest in the world. This plan includes two bolt-on expansions (the light-blue area of the VG bar in the chart) to be developed after CP2 Phases 1 and 2 are operational. There are bolt-on expansions at the CP2 site and at the Plaquemines site, each targeting FID in 2027. The former would have a 10 mtpa capacity (1.3 Bcf/d in feedgas) and the latter has 6.4 mtpa capacity (0.8 Bcf/d feedgas). Venture Global is targeting first production from these bolt-ons in late 2028 (at CP2) and 2029 (at Plaquemines).
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