Venture Global's Phase II closing

• ARLINGTON, Va. - Venture Global LNG announced March 13 its final investment decision (FID) and successful closing of the $7.8B project financing for the Phase II of the Plaquemines (La) LNG 20MTPA project facility. Together, the two phases represent about a $21B investment. Plaquemines LNG has received all necessary permits, including FERC authorization and non-FTA export authorization from the U.S. Department of Energy. Marketing is underway for the company’s third facility, CP2 LNG, and SPAs have been signed by CP2 LNG with Exxon Mobil, Chevron, EnBW, INPEX, China Gas and New Fortress Energy. Venture Global is a long-term, low-cost provider of LNG. Venture Global’s first facility at Calcasieu Pass commenced producing its first LNG in January 2022. The firm is also constructing/developing an additional 60 MTPA of production capacity in Louisiana. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities. (Venture Global 03/13/23) VENTURE GLOBAL ANNOUNCES FINAL INVESTMENT DECISION AND FINANCIAL CLOSE FOR PHASE TWO OF PLAQUEMINES LNG • Venture Global LNG