Wednesday, April 8, 2026

Venture Global (VG) -- Printing Money -- WSJ -- April 8, 2026

Locator: 50466VG. 

Link here

VG could be / will be "bigger" than Qatar and Cheniere.

Venture Global is positioned for a repeat (see linked article) scenario that could boost its ambition to not only surpass Cheniere, but also overtake Qatar, the tiny Middle Eastern nation that sits on some of the world’s largest gas reserves and has become an LNG juggernaut.

The Strait of Hormuz remains closed to most tankers, which has clogged LNG flows, and Iran’s missiles have crippled Qatar’s facilities that liquefy and ship natural gas. [The writer forgot to mention the damage to Qatar's export terminal / liquefaction capacity in Qatar due to the war; estimates: three years to get that terminal back to "normal."]

That has turned Venture Global’s available cargoes into a hot commodity. Unlike Cheniere, which sells most of its cargoes under long-term contracts, Venture Global reserves a large share of its volumes for spot markets, where prices can fluctuate widely.