March 25 (Reuters) - Shell CEO Wael Sawan said
on Tuesday he expects to have updates from the arbitration
process with Venture Global ( VG ) in the coming months.
Venture Global's ( VG ) failure to move to commercial operations
years after it started selling superchilled gas on the spot
market led to contract arbitration cases brought by some of the
world's top oil and gas producers, including BP, Shell,
Italy's Edison and Orlen ( PSKOF ) and Repsol.
Venture Global ( VG ), whose $58 billion market debut fell short of
high expectations in January, began generating proceeds in 2022
with its Calcasieu Pass facility.
Sawan during Shell's capital markets day in New York City
said that Venture Global ( VG ) has already delivered 400 cargoes from
its Calcasieu Pass project.