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Bullboard - Stock Discussion Forum Vermilion Energy Inc. T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

Vermilion Energy Inc. > another US LNG facility starting up...
View:
Post by downwithdotcom1 on Jun 27, 2024 12:18pm

another US LNG facility starting up...

excellent news...soon this facilty alone could wipe out the ALL excess nat gas being produced in the USA , just one more piece falling into place to see $4 nymex next year ..see below...dwdc

Venture Global Louisiana Plaquemines LNG export plant takes in first natural gas.
Plaquemines is expected to be the next U.S. LNG export plant to enter service later in 2024.LSEG data showed Plaquemines took in about 0.6 billion cubic feet per day (bcfd) of gas on Wednesday.ey expect Venture Global to complete work on the first 1.8-bcfd phase of Plaquemines between 2024-2026 and the second 1.2-bcfd phase between 2025-2026.
Comment by tylerreddick on Jun 27, 2024 12:23pm
The only problem is that the existing plants aren't running at full capacity, which would indicate the demand isn't there. But don't let facts get in the way of your bs.
Comment by Quintessential1 on Jun 27, 2024 3:17pm
Cedar LNG expected to start up after that in 2028.  Just one domino after another falling in place for NG and LNG as a global commodity and rising demand. https://boereport.com/2024/06/25/cedar-lng-announces-positive-final-investment-decision/ GLTY and all
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