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Released November 19, 2025 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)
Venture Global late Monday announced it filed an application with the Federal Energy Regulatory Committee (FERC) to increase the export capacity of liquefied natural gas (LNG) by 30 million metric tons per year (MTPA), adding on to the 28 MTPA that's already been sanctioned.
"Our decision to significantly increase the project's permitted capacity reflects the strong market demand we continue to see and this expansion will play a vital role in meeting that demand," said Mike Sable, the chief executive officer at Venture Global.
With a design capacity of 3.8 billion cubic feet per day (Bcf/d) in feed gas volumes, Plaquemines is already the second-largest LNG export terminal in the United States, after Cheniere Energy's (Houston, Texas) Sabine Pass terminal.
Feed gas volumes for Plaquemines averaged around 4 Bcf/d over the last five days, and volumes are up some 24% from last month, based on data from IIR Energy's NATGAS TODAY report.
Subscribers to Industrial Info's Global Market Intelligence Oil & Gas Production Plant Database can read the plant profiles for a href="https://www.industrialinfo.com/dash/plant_report.jsp?PLANT_ID=3161996&setFilter=" target="_blank">Plaquemines and Sabine Pass.
Plaquemines helped total U.S. feed gas set a record November 9 at 18.7 billion cubic feet, with the Louisiana facility alone accounting for 20% of that volume. Feed gas as of Tuesday was closer to 17.94 billion cubic feet due to pigging on the Creole Trail Pipeline that sends gas to Sabine Pass.
LNG deliveries could squeeze the domestic market given the potential for export growth and lackluster natural gas production, however. Addressing attendees at the Federal Reserve Bank of Kansas City on Friday, Anatol Feygin, the chief commercial officer for Cheniere Energy, said U.S. LNG facilities could push feed gas to as high as 40 Bcf/d within the next few years.
Based on current levels, that would represent around 33% of the total amount of natural gas production in the United States. While the nation is a net importer of natural gas from Canada as well, that amount of feed gas could lead to a substantial spike in natural gas prices.
The U.S. Energy Information Administration (EIA), the data arm of the U.S. Department of Energy, expects Henry Hub, the U.S. benchmark for the price of natural gas, to average $3.47 per million British thermal units this year, a 58% increase from last year's average. Prices could jump another 16% next year, if EIA forecasts prove accurate.
That could put a strain on consumer pocketbooks during the winter heating season in North America. Some 40% of U.S. households also get their electricity from natural gas-powered plants.
Feygin said that, while gas prices are expected to rise as the decade winds down, there could be a swell in demand from Asian economies such as Bangladesh and Pakistan that could take up the additional volumes, offering expanded trade alternatives outside legacy consumers in the European Union.
By the Numbers
About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Summary
Venture Global applies for significant expansion at its Plaquemines export facility for LNG, even though signs are pointing to an over-supplied market.FERC Application Filed
An application to the U.S. federal government seeks permission to more than double the export capacity at the Plaquemines LNG facility in Louisiana, operator Venture Global (Arlington, Virginia) said.Venture Global late Monday announced it filed an application with the Federal Energy Regulatory Committee (FERC) to increase the export capacity of liquefied natural gas (LNG) by 30 million metric tons per year (MTPA), adding on to the 28 MTPA that's already been sanctioned.
"Our decision to significantly increase the project's permitted capacity reflects the strong market demand we continue to see and this expansion will play a vital role in meeting that demand," said Mike Sable, the chief executive officer at Venture Global.
With a design capacity of 3.8 billion cubic feet per day (Bcf/d) in feed gas volumes, Plaquemines is already the second-largest LNG export terminal in the United States, after Cheniere Energy's (Houston, Texas) Sabine Pass terminal.
Feed gas volumes for Plaquemines averaged around 4 Bcf/d over the last five days, and volumes are up some 24% from last month, based on data from IIR Energy's NATGAS TODAY report.
Subscribers to Industrial Info's Global Market Intelligence Oil & Gas Production Plant Database can read the plant profiles for a href="https://www.industrialinfo.com/dash/plant_report.jsp?PLANT_ID=3161996&setFilter=" target="_blank">Plaquemines and Sabine Pass.
Plaquemines helped total U.S. feed gas set a record November 9 at 18.7 billion cubic feet, with the Louisiana facility alone accounting for 20% of that volume. Feed gas as of Tuesday was closer to 17.94 billion cubic feet due to pigging on the Creole Trail Pipeline that sends gas to Sabine Pass.
Headwinds Approaching
LNG in the U.S. energy sector is on a growth trajectory, with exports expected to increase annually by around 6% next year. Creating a council for energy dominance, President Donald Trump signed executive action during his first months in office that led to a surge in permits for exports.LNG deliveries could squeeze the domestic market given the potential for export growth and lackluster natural gas production, however. Addressing attendees at the Federal Reserve Bank of Kansas City on Friday, Anatol Feygin, the chief commercial officer for Cheniere Energy, said U.S. LNG facilities could push feed gas to as high as 40 Bcf/d within the next few years.
Based on current levels, that would represent around 33% of the total amount of natural gas production in the United States. While the nation is a net importer of natural gas from Canada as well, that amount of feed gas could lead to a substantial spike in natural gas prices.
The U.S. Energy Information Administration (EIA), the data arm of the U.S. Department of Energy, expects Henry Hub, the U.S. benchmark for the price of natural gas, to average $3.47 per million British thermal units this year, a 58% increase from last year's average. Prices could jump another 16% next year, if EIA forecasts prove accurate.
That could put a strain on consumer pocketbooks during the winter heating season in North America. Some 40% of U.S. households also get their electricity from natural gas-powered plants.
Feygin said that, while gas prices are expected to rise as the decade winds down, there could be a swell in demand from Asian economies such as Bangladesh and Pakistan that could take up the additional volumes, offering expanded trade alternatives outside legacy consumers in the European Union.
By the Numbers
- 58%: projected year-on-year increase in Henry Hub prices
- 30 MTPA increase sought for Plaquemines LNG
- 40% of U.S. households get their electricity from gas-powered plants
- Venture Global wants to more than double LNG export capacity from Plaquemines.
- The facility already accounts for about 30% of total LNG exports.
- LNG export trajectory could squeeze domestic supplies.
About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
