ConocoPhillips Secures Long-Term LNG Supply Deal with Venture Global
Venture Global and ConocoPhillips have entered into a long-term Sales and Purchase Agreement (SPA) for liquefied natural gas (LNG).
Under the agreement, ConocoPhillips will purchase 1.0 million tonnes of LNG per annum from Venture Global for 20 years, starting in 2030.
ConocoPhillips is one of the world's leading energy companies and this deal reflects continued market confidence in Venture Global's ability to deliver reliable, low-cost U.S. LNG quickly and at scale.