Commodities
China Gas Secures Long-Term LNG Deal with Venture Global
Chinese energy giant China Gas Holdings Limited has secured a long-term deal to purchase liquefied natural gas (LNG) from US-based Venture Global, Inc. for the next two decades.
The agreement, which was announced on September 14, 2026, will see China Gas buy 0.5 million tonnes per annum (MTPA) of LNG from Venture Global's Louisiana projects starting in 2030.
With this new deal, Venture Global's long-term offtake with China Gas will reach 2.5 MTPA under 20-year sales and purchase agreements.
'We are pleased to deepen our partnership with Venture Global through this new agreement,' said Mr. Liu Ming Hui, Chairman and President of China Gas.