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Venture Global to Launch New LNG Plant Within Days
Venture Global, the controversial LNG producer, is set to start production at its new facility within days, the Financial Times has reported, citing unnamed sources familiar with the situation. The launch of the Plaquemines LNG plant in Louisiana comes ahead of Venture Global’s listing, which is expected to be among the largest energy IPOs ever. Venture Global acquired some notoriety over the past two years after Big Oil majors including BP and Shell accused it of withholding LNG volumes contracted under long-term deals in order to sell them...