Venture Global and Vitol have signed a binding agreement for the supply of approximately 1.5 million tonnes per annum (MTPA) of US liquefied natural gas (LNG) over a five-year period, starting in 2026.
Under the agreement, LNG will be sourced from Venture Global’s portfolio, supporting growing global demand for flexible and reliable energy supplies. The deal reflects increasing market demand for US LNG, particularly as countries seek to diversify energy sources and enhance supply security.
Venture Global indicated that the agreement represents a strategic step in expanding the flexibility of its LNG portfolio, enabling the company to offer short-, medium-, and long-term supply options to customers. The company continues to position itself as a key supplier in the global LNG market through its scalable and innovative delivery model.
Vitol, one of the world’s leading energy trading companies, highlighted the importance of LNG in supporting economies worldwide. The agreement strengthens its supply portfolio, allowing it to provide a broader range of reliable energy solutions to customers and partners across global markets.
The deal underscores the ongoing growth in LNG demand and the increasing role of long-term and mid-term supply agreements in ensuring energy security and market stability.
For more information visit www.vitol.com
