Venture Global has announced a major brownfield expansion at its Plaquemines LNG facility near New Orleans, Louisiana. The project, which will add 24 liquefaction trains, represents an additional $18 billion investment in Louisiana, bringing the company’s total U.S. investment to over $75 billion.
Plaquemines LNG, originally approved during President Trump’s first term, is the newest LNG export facility in the U.S. and is set to produce approximately 27 million tonnes per annum (MTPA). With today’s announcement, Venture Global plans to expand capacity by over 18 MTPA, bringing total production to more than 45 MTPA, making it the largest LNG export facility in North America.
“Our planned expansion of Plaquemines will supply LNG to our allies while significantly impacting the U.S. balance of trade,” said Venture Global CEO Mike Sabel. “This flexible incremental capacity allows us to respond rapidly to market growth signals. We believe an expansion of Plaquemines is one of the most economically efficient opportunities available to quickly meet growing LNG demand.”
The announcement was made alongside Secretary of Energy Chris Wright, Secretary of the Interior Doug Burgum, Louisiana Governor Jeff Landry, and other federal, state, and local officials. Venture Global expects to reach a Final Investment Decision (FID) on the expansion following first production at its CP2 LNG project.