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Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has lost its arbitration battle against the UK-headquartered energy giant BP over the delay in starting full commercial operations at its LNG facility in Louisiana, United States.
Calcasieu Pass Louisiana VGCP North American United States International Chamber of Commerce International Court of Arbitration Gas Marketing Calcasieu Project Shell In Offshore Energy UK-headquartered Importantly Change View
BP scores victory in arbitration showdown with Venture Global, seeks over $1B in damages
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