Shell has alleged that LNG producer Venture Global had wrongfully earned $3.5 billion from selling cargos from long-term contracts on the spot market instead. According to a Financial Times report, Shell had commissioned a study “to assess how much more revenue Venture Global wrongfully earned by denying certain European customers their contracted cargoes”. Shell did not stop there, however. It went on to allege that Venture Global had caused serious LNG sourcing difficulties for one company that had to resort to sourcing the gas from…
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