The U.S. Department of Energy has approved an immediate increase in liquefied natural gas exports from Venture Global’s Plaquemines LNG terminal in Louisiana, moving to bolster global gas supplies as escalating conflict in the Middle East threatens energy flows through the Strait of Hormuz.
Energy Secretary Chris Wright authorized an additional 0.45 billion cubic feet per day (Bcf/d) of LNG exports to non-free trade agreement (non-FTA) countries from the facility, representing a 13% increase in export capacity.
With the new authorization, Plaquemines LNG is now permitted to export up to 3.85 Bcf/d of natural gas to global markets.