{"id":1007705,"date":"2026-10-01T17:07:50","date_gmt":"2026-10-01T21:07:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-and-conocophillips-announce-20-year-lng-sales-and-purchase-agreement\/"},"modified":"2026-10-01T17:07:50","modified_gmt":"2026-10-01T21:07:50","slug":"venture-global-and-conocophillips-announce-20-year-lng-sales-and-purchase-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-and-conocophillips-announce-20-year-lng-sales-and-purchase-agreement\/","title":{"rendered":"Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement"},"content":{"rendered":"

<\/p>\n

Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement<\/span><\/b><\/p>\n

ARLINGTON, Va.–(BUSINESS WIRE<\/a>)–
\nToday, Venture Global, Inc. (NYSE: VG) and ConocoPhillips (NYSE: COP) announced a new, long-term Sales and Purchase Agreement (SPA) for liquefied natural gas (LNG). Under the SPA, ConocoPhillips will buy 1.0 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2030.<\/p>\n

\n“Venture Global is proud to welcome ConocoPhillips, one of the world’s leading energy companies, as a long-term partner,” said Venture Global CEO Mike Sabel<\/b>. “This agreement reflects continued market confidence in our proven ability to deliver reliable, low-cost U.S. LNG quickly and at scale. We look forward to supporting ConocoPhillips’ growing global LNG portfolio for decades to come.”<\/p>\n

About Venture Global<\/b><\/p>\n

\nVenture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development. Venture Global began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States. The company\u2019s vertically integrated business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. The company\u2019s first three projects, Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are located in Louisiana along the Gulf of America. Venture Global is developing carbon capture and sequestration projects at each of its LNG facilities.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains certain statements that may include \u201cforward-looking statements.\u201d All statements, other than statements of historical or present facts or conditions, included herein are \u201cforward-looking statements.\u201d Included among \u201cforward-looking statements\u201d are, among other things, statements regarding Venture Global\u2019s business strategy, plans and objectives. Venture Global believes that the expectations reflected in these \u201cforward-looking statements\u201d are reasonable, however they are inherently uncertain and involve a number of risks and uncertainties beyond Venture Global\u2019s control. In addition, assumptions may prove to be inaccurate. Actual results may differ materially from those anticipated or implied in \u201cforward-looking statements\u201d as a result of a variety of factors. These \u201cforward-looking statements\u201d speak only as of the date made, and other than as required by law, Venture Global undertakes no obligation to update or revise any \u201cforward-looking statement\u201d or provide reasons why actual results may differ, whether as a result of new information, future events or otherwise.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261001098196\/en\/<\/a><\/span><\/p>\n

Investor Contact:
\n<\/b>
Ben Nolan
\n
IR@ventureglobalLNG.com<\/a><\/p>\n

Media Contact:
\n<\/b>
Shaylyn Hynes
\n
press@ventureglobalLNG.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Virginia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement ARLINGTON, Va.–(BUSINESS WIRE)– Today, Venture Global, Inc. (NYSE: VG) and ConocoPhillips (NYSE: COP) announced a new, long-term Sales and Purchase Agreement (SPA) for liquefied natural gas (LNG). Under the SPA, ConocoPhillips will buy 1.0 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2030. “Venture Global is proud to welcome ConocoPhillips, one of the world’s leading energy companies, as a long-term partner,” said Venture Global CEO Mike Sabel. “This agreement reflects continued market confidence in our proven ability to deliver reliable, low-cost U.S. LNG quickly and at scale. We look forward to supporting ConocoPhillips’ growing global LNG portfolio for decades to come.” About … <\/p>\n

Continue reading “Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1007705","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVenture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-and-conocophillips-announce-20-year-lng-sales-and-purchase-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement ARLINGTON, Va.–(BUSINESS WIRE)– Today, Venture Global, Inc. 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