(Oil & Gas 360) – Venture Global raised its full-year 2026 earnings forecast Tuesday, November 10, after reporting stronger third-quarter results, while outlining plans to expand beyond liquefied natural gas exports into dedicated power generation and infrastructure for artificial intelligence data centers.The Arlington, Virginia-based LNG exporter increased its consolidated adjusted EBITDA guidance to $10 billion to $10.3 billion, compared with its previous forecast of $8.7 billion to $9.1 billion.Third-quarter revenue increased 43% from a year earlier to $4.8 billion, while adjusted EBITDA rose 69% to $2.6 billion. Net income reached $2.5 billion, compared with approximately $421 million in the prior-year quarter.The improved performance reflected higher LNG production, stronger sales and favorable pricing conditions.Venture Global exported 124 LNG cargoes during the quarter, an increase of 24 from the previous year. The company now expects to export between 509 and 518 cargoes during 2026.Alongside its LNG expansion, Venture Global is pursuing a new business supplying electricity and related infrastructure to data centers that require reliable power without depending entirely on public utility networks.In October, the company announced framework agreements with GE Vernova and Baker Hughes for up to 16 natural gas-fired power units, each rated at 720 megawatts, representing approximately 11.5 gigawatts of potential generating capacity.The agreements also cover transformers and other electrical equipment needed to support future development.Venture Global estimates that its existing infrastructure includes approximately 15,000 acres of controlled land, access to 13 billion cubic feet per day of natural gas pipeline capacity and roughly 4 gigawatts of power infrastructure.Chief Executive Mike Sabel said the company could combine its natural gas supply, power generation, water systems and construction capabilities to support large-scale computing facilities.Management expects initial computing capacity could become available in late 2028, with approximately 5 gigawatts of data center power capacity targeted by the end of 2031.Those plans remain subject to commercial agreements, development decisions and project execution.The company is also advancing its LNG export portfolio. Phase 1 of Plaquemines began commercial operations October 31, while initial production from its CP2 project is expected in mid-2027.Venture Global expects continued demand for long-term LNG contracts, particularly from Asian buyers seeking reliable natural gas supplies.For institutional investors, the strategy introduces an additional growth opportunity alongside the company’s existing export operations.Dedicated power projects could create new revenue streams while supporting domestic natural gas demand and investment in generating equipment, pipelines and supporting infrastructure.However, the expansion could require substantial capital and introduce risks beyond the company’s traditional LNG business.Investors will need to evaluate customer commitments, project financing, construction schedules and the returns available from dedicated power generation.Venture Global’s results demonstrate how LNG developers are increasingly positioning themselves to serve both international energy markets and the expanding electricity requirements of artificial intelligence infrastructure.Disclaimer This informational, opinion, and insights article is provided for informational purposes only and does not constitute investment, legal, or financial advice. The views expressed are based on publicly available information and market conditions at the time of publication and are subject to change without notice.