US LNG exporter Venture Global LNG plans to purchase and construct a fleet of 9 LNG carriers for direct spot market sales, a first for American LNG producers.
Venture Global LNG, a US liquefied natural gas (LNG) exporter, plans to acquire and construct a fleet of nine LNG carriers, marking the first time an American LNG producer purchases a fleet instead of chartering or leasing vessels. The fleet will enable the company to sell cargoes directly into the spot market, increasing profits and providing an edge over competitors. The vessels will be built in South Korea, with the first delivery expected later this year, and will deploy best-in-class environmental and efficiency technology.
March 17, 2024
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