Venture Global CEO: We have enough LNG to last for a long time.

Venture Global, a liquefied natural gas exporter, has sufficient?short-, medium- and longterm supplies. It is also working with countries all over the world to deliver vital cargoes. This was CEO Mike Sabel's statement on Tuesday, at the CERAWeek conference in Houston, Texas.

The markets have been thrown into chaos following the U.S./Israeli war against?Iran in which some LNG producing facilities in the Middle East were severely damaged.

Venture Global is the U.S.'s second largest LNG exporter. Venture Global has stated that 31% of its production this year was not sold under long-term agreements, which creates an opportunity to sell LNG in Asian countries most affected due to war-related disruptions.

Sabel stated that the company is 'prepared to enter into contracts for short-term periods with potential LNG purchasers.

Louisiana Governor Jeff Landry also spoke at the event. He said that his state would not limit the number LNG plants that it accommodates.

Landry stated that the biggest obstacle to continued LNG growth in Louisiana was a?shortage of workers. (Reporting and writing by Curtis Williams, Houston; editing by Nia Williams).

(source: Reuters)