ConocoPhillips Signs 20-Year LNG Deal with Venture Global

Energy giant ConocoPhillips has agreed to purchase 1.0 million tonnes per annum of liquefied natural gas (LNG) from Venture Global for a period of 20 years, starting in 2030.

The long-term Sales and Purchase Agreement was announced by Venture Global, Inc., with deliveries scheduled to begin in 2030.

Venture Global CEO Mike Sabel welcomed ConocoPhillips as a 'long-term partner', stating that the company is 'proud' of the agreement.

Venture Global operates several LNG facilities along the Gulf Coast in Louisiana, including Calcasieu Pass, Plaquemines LNG, and CP2 LNG.