Plaquemines LNG feedgas deliveries averaged over 3 Bcf/d last week, peaking at 3.3 Bcf/d on Aug.10-11 as Venture Global (VG) continues to ramp Phase 2 of the export project.
VG in July started producing LNG from Phase 2, which includes 18 small-scale liquefaction trains. In the company’s 2Q25 earnings update, VG said it is now making LNG from 28 of 36 trains at the site in southeastern Louisiana. Once completed, Plaquemines will be able to produce 27 mtpa (~3.6 Bcf/d) of LNG. The company previously guided to a potential 92 cargoes from the Plaquemines project in 4Q25, suggesting that Venture Global expects all the trains to be online by YE25.
VG’s Gator Express lateral supplies gas to Plaquemines and sources volumes from Tennessee Gas Pipeline (TGP), Texas Eastern (TETCO) and Columbia Gulf. TGP deliveries increased from 1.3 to 1.5 Bcf/d in the latest pipeline samples monitored by East Daley Analytics, and TETCO delivered over 1.2 Bcf/d (see figure).
Plaquemines, along with Cheniere Energy’s (LNG) Corpus Christi Stage 3 expansion, is a key driver of LNG demand growth underpinning East Daley’s bullish gas outlook in 2H25. In its 2Q25 earnings, VG raised its guidance for LNG output from Plaquemines and its Calcasieu Pass LNG project. The company now expects total cargoes to be at the high end of the previous guidance for 367-389 cargoes in 2025.
See the Macro Supply & Demand Report for more on the natural gas market outlook, and the Southeast Gulf Supply & Demand Report for a regional review of demand and pipeline flows for Plaquemines and other Louisiana LNG projects. – Kritika Gaikwad Tickers: LNG, VG.
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