Venture Global Lands 20-Year LNG Deal with ConocoPhillips

Venture Global has signed a 20-year liquefied natural gas (LNG) agreement with ConocoPhillips, one of the world's leading energy companies. The contract includes the purchase of 1 million tons per year from Venture Global for two decades, starting in 2030.

ConocoPhillips will acquire the LNG supply to support its global operations, adding a new US source to its portfolio. This agreement is part of Venture Global's strategy to increase capacity for international supply contracts.

Venture Global currently has over 100 million tons of annual LNG capacity, with facilities in production, construction, and development. The company began LNG production at its first facility in 2022 and has rapidly expanded its presence in the US LNG export industry.