LNG

Venture Global LNG, the owner of the Calcasieu Pass export plant in Louisiana and with three more facilities planned, is considering some changes in the fourth on the list of plants being developed on the US Gulf Coast by the Arlington, Virginia-based company.

Baker Hughes Company, the US liquefied natural gas equipment-maker and energy services company, reported record orders of $8 billion in the fourth quarter, including for turbo-machinery for LNG production and warned that global spare capacity for oil and gas has deteriorated to the extent it needs a huge investment boost.