bp Accuses Venture Global of holding up LNG contracts

Tuesday, 20 August 2024

BP and Shell, major energy companies, are opposing Venture Global's request to delay commercial operations at its Calcasieu Pass LNG facility. After reviewing confidential documents, they argued no extension is needed, intensifying a long-standing dispute over LNG supply contracts. Despite exporting LNG for two years, Venture Global has yet to supply contracted customers, claiming the plant isn't fully operational. The controversy has escalated to federal regulators, with BP and Shell pressing for more transparency.


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