Venture Global Stock Price in Focus After Qatar LNG Shock Drives Scramble for U.S. Supply
Venture Global was trading near $14.3 in Friday’s premarket, steady after a wild Thursday that saw the stock surge up to 13%. QatarEnergy had revealed Iranian strikes sidelined close to 20% of Qatar’s LNG export operations, fueling expectations that U.S. players could step in to fill the gap. Pressure is mounting. On Friday, Italy reported it’s in discussions with the United States, Azerbaijan, and Algeria to make up for the drop in Qatari gas. Over in India, an oil ministry official warned that any reduction from Qatar would impact the country as well.