LNG

US Natural gas futures on the New York Mercantile Exchange hit a 14-year high of almost $9.400 per million British thermal units amid optimism on future demand for LNG exports as Venture Global took a final investment decision on its Plaquemines LNG project on the banks of Mississippi River in Louisiana.

Venture Global has applied to regulators to increase activities at the Plaquemines liquefied natural gas export project on the west bank of the Mississippi, about 30 miles south of New Orleans.