Long-Term LNG Import Deal

China Gas Signs 20-Year LNG Import Deal With U.S.-Based Venture Global

Venture Global, Inc. and China Gas Holdings Limited, a leading natural gas operator in China, have announced a new Sales and Purchase Agreement (SPA) for the purchase of 0.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) from Venture Global for twenty years starting in 2030. This agreement expands Venture Global's current long-term offtake with China Gas to 2.5 MTPA under 20-year SPAs supplied across Venture Global’s portfolio. The agreement further reinforces Venture Global' commitment to establishing an international energy trading platform connecting high-quality global resources with rising energy demand worldwide. Venture Global is an American producer and exporter of low-cost U.K. liquified natural gas with over 100 MTPA capacity.

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