Venture Global announces $18bn Plaquemines LNG expansion

Venture Global has unveiled expansion plans for its Plaquemines LNG facility in Louisiana, which the company says will make it the largest liquefied natural gas (LNG) export facility in North America, with a capacity of 45 million tonnes per annum.

The planned Plaquemines expansion will consist of 24 trains, representing an approximate $18bn of additional investment. This brings Venture Global’s total investment in its current and planned US projects to over $75bn.

Plaquemines LNG was initially built to produce around 27 million tonnes per annum of LNG, but Venture Global will now expand this capacity by over 18 million tonnes per annum.

The first LNG production was achieved at the facility in December 2024. It exported its first cargo in the same month.