Mike Sabel, CEO of Venture Global, a leading U.S. LNG exporter, said on a March 2 earnings call that his company has the “most available cargoes” to sell on the spot market. And because Venture Global owns a lot of its tanker fleet, it doesn’t need to cover higher tanker costs.
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The result, while basic, was already impressive:
There are already questions about where the deal will go from here, and concerns from regulators about the proposed acquisition. You can follow along below for all of the latest updates as they come in.