Venture Global LNG, Inc. announced today that it has closed a $500 million term 
loan with JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc, Mizuho 
Bank, Ltd., and Bank of America N.A.  The proceeds will be used to fund pre-FID 
construction activities at the company's Plaquemines LNG export project as well 
as for general corporate purposes.  The transaction was upsized from $400 
million to $500 million based on strong lender interest.

CEO Mike Sabel stated, "We are proud to continue to partner with this group of 
leading banks, all of whom are lenders to our Calcasieu Pass LNG export 
facility, as we move towards the launch of full construction on Plaquemines LNG 
in 2021.  Replicating the successful strategy we pioneered and utilizing the 
same configuration, we will continue to execute on our commitment to provide 
the lowest cost LNG to the global market and supply the world's growing demand 
for clean and reliable energy."

Venture Global's Plaquemines LNG project has contracted 3.5 MTPA of the 
facility's 10 MTPA first phase under binding 20-year offtake agreements and 
received both DOE export authorization and final FERC approval.  

JPMorgan and Morgan Stanley served as joint lead arrangers on the transaction, 
and Bank of America and Mizuho participated as lenders.  Davis Polk & Wardwell 
LLP and Simpson Thatcher & Bartlett LLP served as Borrower's and Lenders' 
counsel, respectively.  

About Venture Global LNG

Venture Global LNG is a long-term, low-cost provider of U.S. LNG to be supplied 
from resource rich North American natural gas basins.  The company is currently 
constructing or developing over 50 MTPA of production capacity in Louisiana to 
provide clean, affordable energy to the world.  More can be found at 
www.venturegloballng.com. 

SOURCE  Venture Global LNG, Inc.

CONTACT: Venture Global investor contact: Leah Woodward,  Treasurer and 
Managing Director – Investor Relations, D: +1 202 759-6746 , 
lwoodward@vglng.com; Venture Global media contact: Shaylyn Hynes, Vice 
President, Strategic Communications, D: +1 202 920-0964,  shynes@vglng.com