Venture Global Secures 20-Year LNG Deal with ConocoPhillips
Venture Global and ConocoPhillips have signed a 20-year agreement for the supply of liquefied natural gas. Under this deal, ConocoPhillips will purchase 1.0 million tonnes per annum from Venture Global starting in 2030.
The Sales and Purchase Agreement is a significant milestone for Venture Global, which operates as a producer and exporter of U.S. LNG. The company's first facility began producing LNG in 2022, and this partnership marks another step forward in its growth.
'Venture Global is proud to welcome ConocoPhillips as a long-term partner,' said Venture Global CEO Mike Sabel.