BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 1.Oct.2026, Words: 126) — Venture Global, Inc. and ConocoPhillips announced a new, long-term sales and purchase agreement (SPA) for liquefied natural gas (LNG).
Per the SPA, ConocoPhillips will buy 1.0 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2030.
“This agreement reflects continued market confidence in our proven ability to deliver reliable, low-cost US LNG quickly and at scale,” Venture Global CEO Mike Sabel said on 1 Oct. 2026 in an official company statement.
“We look forward to supporting ConocoPhillips’ growing global LNG portfolio for decades to come,” Sabel said.
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By Steve Stewart reporting from Baton Rouge. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.
