Business and Finance
Business and Finance
Venture Global CEO: We're by far the lowest cost liquefier in the world
- Mike Sabel, Venture Global CEO, joins 'Squawk on the Street' to discuss the company's business, the arbitration Venture Global is in with clients, and much more.
The video at the provided URL features an interview with Mike Sabel, the CEO of Venture Global, discussing the company's position in the global LNG (Liquefied Natural Gas) market. Venture Global has become a significant player in the U.S. LNG export industry, with Sabel claiming that their facilities are the lowest-cost liquefiers in the world. He highlights the strategic importance of their projects, like the Calcasieu Pass and Plaquemines LNG, which are designed to be highly efficient and scalable. Sabel also touches on the geopolitical implications of LNG, noting how U.S. LNG exports are crucial for energy security in Europe and Asia, especially in light of recent global energy market disruptions. He emphasizes the company's commitment to environmental responsibility by integrating carbon capture technology into their operations, aiming to reduce the carbon footprint of their LNG production.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/news/venture-global-ceo-we-re-by-far-the-lowest-cost-liquefier-in-the-world/vi-AA1xNWSh ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/news/venture-global-ceo-we-re-by-far-the-lowest-cost-liquefier-in-the-world/vi-AA1xNWSh ]
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