On Tuesday, Chevron Corporation (NYSE:CVX) reportedly requested a say in Venture Global, Inc.'s (NYSE:VG) proposal to delay the startup deadline for its Plaquemines LNG export terminal in Louisiana.

This has escalated tensions between the developer and its long-term customers.

Project Details

The LNG liquefaction and export facility in Plaquemines Parish is situated around 20 miles south of New Orleans.

Plaquemines LNG had been under full construction since August 2021.

Post completion of both phases, Plaquemines LNG is expected to produce at least 20 million metric tons per year.

Notably, in February 2025, U.S. regulators had earlier cleared Venture Global to increase Plaquemines LNG's export capacity from 24 million to 27.2 million metric ...