Venture Global Reaffirms Plaquemines LNG Timelines, Updates 2026 Outlook
Venture Global reaffirms plans to reach Plaquemines Project Phase 1 COD in Q4 2026 and Phase 2 COD in mid-2027, while progressing early development of Plaquemines Expansion Phase 1 after filing permit applications with FERC and DOE. CP2 construction remains on schedule for first LNG in 2H 2027. Full-year 2026 consolidated adjusted EBITDA guidance is $8.7B-$9.1B, driven by higher Plaquemines volumes and commissioning progress, offset by lower LNG prices tied to reduced liquefaction fees.