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Venture Global Calcasieu Pass Receives Uprate Approval from U.S. Department of Energy

ARLINGTON, Va.--(BUSINESS WIRE)-- Today, Venture Global, Inc. (NYSE: VG) received approval from the U.S. Department of Energy (DOE) for an uprate amendment to its Calcasieu Pass LNG project. The uprate approval increases Calcasieu Pass鈥� permitted peak liquefaction capacity from 12.0 million tonnes per annum (MTPA) to 12.4 MTPA.

鈥淰enture Global thanks its regulators, including DOE, for their efforts in prioritizing and streamlining approvals for critical energy infrastructure projects. These multibillion dollar investments will be key as the United States strengthens global energy security and increases energy trade with our partners around the world,鈥� said Venture Global CEO Mike Sabel.

Calcasieu Pass, Venture Global鈥檚 first project, reached first LNG production in 2022 and began commercial operations in April 2025. The company鈥檚 second facility, Plaquemines LNG, began LNG production in December 2024. Venture Global鈥檚 third project, CP2, received DOE export authorization and FERC approval in March 2025 and May 2025, respectively, signed long-term sales and purchase agreements for all of Phase One, and commenced site work on the project.

About Venture Global

Venture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development. Venture Global began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States. The company鈥檚 vertically integrated business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. The company鈥檚 first three projects, Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are located in Louisiana along the Gulf of America. Venture Global is developing Carbon Capture and Sequestration projects at each of its LNG facilities.

Forward-looking Statements

This press release contains certain statements that may include 鈥渇orward-looking statements.鈥� All statements, other than statements of historical or present facts or conditions, included herein are 鈥渇orward-looking statements.鈥� Included among 鈥渇orward-looking statements鈥� are, among other things, statements regarding Venture Global鈥檚 business strategy, plans and objectives, including the use of proceeds from the offering. Venture Global believes that the expectations reflected in these 鈥渇orward-looking statements鈥� are reasonable, they are inherently uncertain and involve a number of risks and uncertainties beyond Venture Global鈥檚 control. In addition, assumptions may prove to be inaccurate. Actual results may differ materially from those anticipated or implied in 鈥渇orward-looking statements鈥� as a result of a variety of factors. These 鈥渇orward-looking statements鈥� speak only as of the date made, and other than as required by law, Venture Global undertakes no obligation to update or revise any 鈥渇orward-looking statement鈥� or provide reasons why actual results may differ, whether as a result of new information, future events or otherwise.

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Investors:

Ben Nolan

[email protected]

Media:

Shaylyn Hynes

[email protected]

Source: Venture Global Inc.