Venture Global has won a legal battle against Shell over its failure to deliver liquefied natural gas under long-term contracts starting in 2023, the U.S. LNG major said on Tuesday. Firms, including Shell,

Venture Global (NYSE:VG) +10.7% in Wednesday's trading a day after winning its arbitration case with Shell related to the timing of contractual shipments of liquefied natural gas from its Calcasieu Pass plant in Louisiana,

Venture Global has triumphed over Shell in the UK supermajor’s arbitration case over the delay of commercial operations at its Calcasieu Pass terminal in southwest Louisiana, the US liquefied natural gas exporter confirmed Tuesday.