Supporting a Growing Global Middle Class
Affordable, reliable energy is critical to supporting the growing global middle class. As standard of living rises in parallel, the need for energy at scale will expand. The picture is further complicated by the current wave of development in AI and the resulting, significant additional increase in demand for base load electricity. Securing power to meet these needs is increasingly a matter of national security as well. LNG sourced from the United States is poised to address these security needs and this global electricity shortage by providing a low cost, lower carbon intensive, and more reliable alternative.
Proven Environmental Benefits of Coal-to-Gas Switching
We believe that an effective way to reduce global emissions is to displace coal fired power plants with cleaner, more efficient, natural gas-fueled, combined cycle gas turbines that can provide baseload, reliable power 24 hours a day, 7 days a week. The United States has directly benefited from this transition.
According to the U.S. Energy Information Administration, total energy electric power sector CO2 emissions in the United States fell from approximately 2.3 billion metric tons in 2000 to 1.5 billion metric tons in 2022. This decrease in emissions can be largely attributed to coal-to-gas switching. During this timeframe, the amount of electricity generated by coal in the U.S. declined by approximately 1.1 trillion KWh. Electricity generated by natural gas burning power plants replaced this production with gas fired electricity rising by approximately 1.1 trillion KWh over the same time span.
We believe that this direct correlation between the reduction in overall emissions from the power sector and the transition from coal to natural gas fired power plants is a powerful, clear illustration of the important role natural gas and LNG have to play in making immediate and meaningful impact in reducing emissions
Our commitment to providing cleaner energy is the driving force behind the environmentally conscious design of our facilities and our investment in carbon capture and storage, or CCS, at each of our projects. As part of our efforts to minimize our overall emissions, we have elected to employ electrically-driven liquefaction technology that is powered by highly efficient combined cycle gas turbines.
Our projects are completely air cooled (power, pre-treatment and liquefaction), rather than water cooled. Further, we use state of the art, full containment storage tanks which seek to eliminate methane release from stored LNG.
Carbon Capture and Sequestration (CCS) Goals
1 million
tons of carbon per year
each year.
Safety Standards Vs heavy industry average TRIR: 2.0
Plaquemines TRIR 0.21
Environmental commitment
of marsh creation and restoration to date
Dollars of wetland mitigation credits
Industry leading environmental leadership
- Since its inception, Venture Global has been determined to set the industry standard for environmental leadership.
- We aim to design, construct and operate our facilities to protect human health and fully comply with all applicable state, local and federal regulations, codes and procedures.
- The company’s employment of electrically-driven liquefaction technology, together with power generated through highly efficient combined cycle gas turbines, is designed to minimize overall emissions and intended to make the project one of the cleanest LNG export facilities in the world.
- In addition, our projects are completely air cooled (power, pre-treatment and liquefaction), rather than water cooled, and use state of the art full containment storage tanks.
Project impact
Cameron Parish
Our Cameron Parish projects aim to positively impact the surrounding community by driving economic growth, engaging with our neighbors…
Project impact
Plaquemines Parish
Currently constructing an LNG export facility in Plaquemines Parish, Louisiana, south of New Orleans on mile marker 55 of the Mississippi River.
