Venture Global
US LNG exporter operating Calcasieu Pass and Plaquemines; second-largest US supplier to EU in 2026.
Last refreshed: 27 April 2026
How much US LNG does Venture Global supply to Europe, and is it reliable?
Timeline for Venture Global
ACER: US LNG now 30% of EU gas imports
European Energy Markets- What is Venture Global LNG and where is it based?
- Venture Global LNG is a US LNG exporter headquartered in Arlington, Virginia. It operates Calcasieu Pass and Plaquemines LNG facilities in Louisiana, making it currently the second-largest US LNG exporter to the European Union.
- How much US LNG does Europe import from Venture Global?
- Venture Global is a major contributor to the 45% year-on-year rise in US LNG deliveries to the EU that brought the US share to 30% of EU gas imports as of April 2026, according to ACER.Source: ACER
- Did Venture Global divert EU-contracted LNG cargoes to Asia?
- Yes. During the 2022-23 global LNG price spike Venture Global diverted spot cargoes to Asia rather than delivering to European long-term contract holders, triggering significant commercial and legal disputes with European buyers.
Background
Venture Global LNG is a US Liquefied Natural Gas developer and exporter headquartered in Arlington, Virginia. It operates Calcasieu Pass on the Calcasieu Ship Channel in Louisiana (first LNG exports 2022) and the larger Plaquemines facility, also in Louisiana. Together they make Venture Global currently the second-largest US LNG exporter by volume to European buyers.
Venture Global captures part of the 45% year-on-year rise in US LNG deliveries to the EU recorded by ACER for the period leading into April 2026, as the bloc diversifies away from Russian pipeline gas and Russian LNG spot contracts banned from 25 April 2026. US LNG now accounts for 30% of EU gas imports by volume.
The company's commercial trajectory has been controversial: it signed long-term contracts with European buyers but initially diverted spot cargoes to Asia during the 2022-23 price spike, triggering litigation. Despite those disputes, its two Louisiana facilities have established it as a structural rather than marginal supplier to European markets in the post-2022 supply reorientation.
