Venture Global Signs 20-Year LNG Supply Deal With Tokyo Gas Starting 2030

Overview

• Tokyo Gas will receive 1 million tonnes per year of U.S. LNG for 20 years beginning in 2030 under the new sales and purchase agreement.
• The contract marks Venture Global’s fourth long-term deal with a Japanese buyer this year, taking its 2025 total to 7.75 mtpa of new SPAs.
• Venture Global reports over 100 mtpa of capacity in production, construction, or development, anchored by its Louisiana projects Calcasieu Pass, Plaquemines LNG, and CP2.
• The company has filed for Federal Energy Regulatory Commission approvals and U.S. Department of Energy export authorizations for a Plaquemines LNG brownfield expansion.
• Legal uncertainty continues as Shell has appealed an adverse arbitration ruling in New York, even as Venture Global previously disclosed favorable tribunal outcomes in related cases.