On 14 October 2025, Chevron filed a formal request with federal regulators asking to be allowed to submit an opinion on Venture Global’s recent application for additional time to commission the Plaquemines LNG plant in Louisiana. The request follows the company’s announcement that it needed more time to bring the facility online, a move that could delay the start of commercial LNG sales under existing long‑term contracts.
The petition is a regulatory action that could affect the approval timeline for the extension. If regulators grant Chevron’s request, the company may face a longer period before the plant can begin commercial operations, potentially impacting revenue recognition and contractual deliverables to its customers. Conversely, a denial could force Venture Global to accelerate its ramp‑up, increasing operational costs and risk of further delays.
This development is significant for investors because it introduces uncertainty into the project’s schedule and cash‑flow profile. The outcome of the regulatory review could influence Venture Global’s ability to meet its contractual obligations and could have downstream effects on its financial performance and market perception.
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