TotalEnergies rejected opportunities to become a long-term customer of Venture Global LNG's U.S. terminals because it did not trust the company, CEO Patrick Pouyanné told Reuters on Wednesday.
TotalEnergies CEO Patrick Pouyanne said he rejected opportunities to become a long-term customer of Venture Global's U.S.
TotalEnergies (EPA:TTEF) declined long-term LNG supply deals with Venture Global due to trust concerns, CEO Patrick Pouyanné ...
and Venture Global its second largest LNG producer behind Cheniere. The ramp-up at Plaquemines is expected to help the U.S. maintain its No. 1 status in 2025.
Founded in 2013, Venture Global has been quite impressive since its start as the company rapidly expanded its export development business through its Calcasieu Pass and Plaquemines LNG operations.