Venture Global Lands 20-Year China Gas SPA as Gulf Coast Projects Advance

Venture Global has secured a significant sales and purchase agreement (SPA) with China Gas to supply 0.5 million tonnes per year (Mt/y) of liquefied natural gas (LNG) over 20 years, starting in 2030.

This deal is the latest in a string of positive developments for Venture Global and its Gulf Coast project portfolio, which includes the Plaquemines and CP2 expansions. The FERC has already approved the uprating of the Gator Express pipeline to support these projects.

Baker Hughes will also be supporting the expansion of the Plaquemines LNG export terminal, further solidifying Venture Global's position in the industry.