LNG

Aug 23 (LNGJ) - Venture Global LNG, the Washington DC-based developer of two export projects in the state of Louisiana, said it had closed the fifth round of a private equity investment exercise. The company raised additional capital of $15 million, bringing the total of funds raised so far to more than $280M. Venture Global said it was continuing its development plans for its Calcasieu Pass facility to produce for its 10 million tonnes per annum of LNG for export as well as the 20 MTPA Plaquemines facility at mile-marker 55 on the shore of the Mississippi River, 30 miles south of New Orleans. “We are pleased to continue to successfully develop and optimize our projects, hit our milestones and, as a result, raise additional equity,” Venture Global said.