Venture Global and Vitol shake hands on multi-year LNG deal

Venture Global’s CEO, commented: “Global demand for flexible, reliable U.S. LNG is rapidly growing, and Venture Global is proud to work with premier LNG trading companies like Vitol to provide this critical supply to the market.

“Thanks to our innovative model, we have the ability to provide our customers with short, medium, and long-term LNG supply, and this agreement is another important step in diversifying the tenor of our LNG portfolio.”

With over 100 mtpa of capacity in production, construction, or development, Venture Global began producing LNG from its first facility in 2022. The company’s vertically integrated business includes assets across the LNG supply chain, including LNG production, natural gas transport, shipping, and regasification.