Venture Global Doubles Q1 Revenue as LNG Export Projects Ramp Up ...Middle East

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Venture Global Doubles Q1 Revenue as LNG Export Projects Ramp Up
source : OILPRICE ( Middle East ) () 23
U.S. LNG exporter Venture Global more than doubled its first-quarter revenue from a year earlier as its Plaquemines and Calcasieu Pass plants have launched operations and exports in recent months.  Venture Global reported on Tuesday revenues of $2.894 billion for the first quarter of the year, more than double compared to $1.414 billion for the same period in 2024.   Net income dropped by 39% to $396 million, largely driven by non-cash factors such as unfavorable changes in the fair value of our interest rate swaps, the company said. …

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