
Simply amazing. In August, we told you that most of Venture Global's contracted customers for LNG from the company's Calcasieu Pass LNG export facility in southwestern Louisiana’s Cameron Parish had filed for arbitration over Venture Global's refusal to sell them cargoes under contract (see
Shell, Edison, BP File for Arbitration Against Venture Global LNG). Instead, Venture Global is selling its cargoes on the open "spot" market at higher prices, violating its agreement with its customers. In that August story, we told you that Italian company Edison SpA had brought a similar action back in May. Now comes word from Edison that Venture Global says it won't deliver any contracted LNG until April 2025.
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