Another LNG cargo ship is heading to Germany as the United States increases natural gas exports to Europe

Wallstreetcn
2024.12.28 03:45
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The United States is gradually replacing Russia as a natural gas exporter to Europe, with the first liquefied natural gas (LNG) tanker on its way to Germany. Venture Global has begun shipping LNG from its Plaquemines export facility in Louisiana, which is expected to be fully operational by the end of 2025 or early 2026, becoming one of the largest LNG export plants in the world. The company has applied for an IPO, with an estimated valuation of approximately $100 billion. The CEO stated that successfully launching two large LNG projects within five years is of significant importance