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Venture Global and ConocoPhillips announce 20-year LNG SPA

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LNG Industry,


Venture Global, Inc. and ConocoPhillips have announced a new, long-term sales and purchase agreement (SPA) for LNG. Under the SPA, ConocoPhillips will buy 1 million tpy of LNG from Venture Global for 20 years, starting in 2030.

“Venture Global is proud to welcome ConocoPhillips, one of the world’s leading energy companies, as a long-term partner,” said Venture Global CEO, Mike Sabel. “This agreement reflects continued market confidence in our proven ability to deliver reliable, low-cost US LNG quickly and at scale. We look forward to supporting ConocoPhillips’ growing global LNG portfolio for decades to come.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07102026/venture-global-andconocophillips-announce-20-year-lng-spa/

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LNG project news US LNG news Natural gas news