Venture Global Secures 20-Year LNG Deal with Energy Giant ConocoPhillips

Venture Global has signed a 20-year liquefied natural gas (LNG) sales and purchase agreement with ConocoPhillips.

The deal, which will start in 2030, sees ConocoPhillips agree to buy 1 million tonnes per annum of LNG from Venture Global's US-based facilities.

Venture Global CEO Mike Sabel said the agreement reflects market confidence in his company's ability to deliver reliable and low-cost US LNG quickly and at scale.