Venture Global 3Q: Record Profits, Big Plans for Gas-Fired AI Power

Venture Global (VG), the Louisiana LNG exporter and one of the biggest buyers of natural gas in the country, reported its third-quarter 2026 results earlier this week. The numbers were the company's best ever: $2.6 billion in adjusted EBITDA, $4.8 billion in revenue, and 124 LNG cargoes shipped. For Marcellus/Utica readers, two items stand out. First, VG is paying a premium to get enough gas into its Plaquemines plant, which is fed by two pipelines that carry Northeast supply. Second, VG wants to add a new business: off-grid, gas-fired "AI utility" power for data centers. If it all gets built, that could mean well over a Bcf/d of new gas demand.

---

To view this content, log into your member account. (Not a member? Join Today!)