U.S. federal regulators on Wednesday gave Venture Global LNG permission to increase the export capacity of its Plaquemines, Louisiana, LNG plant. Regulators in a statement said they had approved the plant increasing production capacity to 27.

The U.S. Federal Energy Regulatory Commission on Wednesday approved Venture Global (NYSE:VG) to increase the export capacity of its Plaquemines, Louisiana, liquefied natural gas plant to 27.2M metric tons/year from 24M tons/year.

The Federal Energy Regulatory Commission (FERC) has approved Venture Global's request to increase the processing and export capacity of its Plaquemines LNG project in Louisiana to 27.2 million metric tons per year.

US liquefied natural gas producer Venture Global Inc. will start long-term supply contracts from its Calcasieu Pass export facility in Louisiana in mid-April, the latest development in the seller’s dispute with customers including Shell Plc and BP Plc.

Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, the company said on Monday, some three years after it shipped its first LNG cargo in a move that led to a protracted dispute with customers.

Venture Global stock (VG) garnered retail attention on Tuesday after the company said it would begin commercial operations at its Calcasieu Pass liquefied natural gas facility on April 15. The LNG project in Cameron Parish,