This latest contract elevates the total offtake volume between the two companies to 2.5 million metric tons per annum, all under 20-year sales and purchase agreements. Venture Global plans to fulfill these commitments using its portfolio of Louisiana-based projects. By leveraging its Gulf Coast infrastructure, the producer aims to provide a consistent flow of American-sourced fuel to address China’s intensifying energy requirements. The expansion of this relationship underscores a sustained reliance on U.S. export capacity to bolster China’s long-term energy security.
Venture Global Secures 20-Year LNG Supply Deal with China Gas
China Gas Holdings Limited has locked in a long-term supply agreement with Venture Global, committing to purchase 500,000 metric tons of liquefied natural gas annually. Starting in 2030, the two-decade deal deepens the energy partnership between the U.S. producer and the Chinese gas operator amid rising regional demand.
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