A Breakdown of How Venture Global and other LNG exporters can take advantage of Spot Prices — Probabli.AI
Venture Global ($VG) operates 11 boats (9 owned, 2 chartered). Crucially, 8 of these vessels are free from DES (Delivered Ex Ship) contracts, allowing them to…
By RealMattMoney · March 24, 2026 · VG
- Venture Global ($VG) operates 11 boats (9 owned, 2 chartered). Crucially, 8 of these vessels are free from DES (Delivered Ex Ship) contracts, allowing them to chase spot market opportunities
- Massive Spread Expansion: Profit margins have increased by roughly $10/mmBTU recently—driven by the gap between US Gulf Coast prices ($6.50/mmBTU) and European TTF prices (>$19/mmBTU)
- High Operational Turnover: Because round trips to the EU only take 35–45 days, each of the 8 available boats can efficiently lock in 2 highly profitable spot-price voyages per quarter.
- $1.8B Bottom-Line Uplift: The math translates to a massive windfall: a $10 increase per mmBTU across 8 ships taking 2 trips per quarter yields nearly $600 million in additional spot revenue per qtr
Venture Global owns 9 boats and charters 2 more. One of the boats is being used for delivering shipments to Ukraine at the moment. The other boats are being leveraged by $VG ‘s trading and shipping business. Each boat holds at a minimum 3.7 million mmBTU. Spreads have increased by nearly $10 over the last few weeks and half begun to sustain themselves out to the December 2026 futures as well.…
The information on this page is for educational and informational purposes only and does not constitute professional financial advice.