Venture Global China Gas Deal Covers 20 Years of US LNG

The Venture Global China Gas deal commits the buyer to purchase 500,000 metric tons of U.S. liquefied natural gas annually for 20 years. Venture Global (NYSE: VG) said deliveries under the new sales and purchase agreement will begin in 2030.

The contract raises China Gas’s long-term offtake from Venture Global to 2.5 million metric tons per year. The supply will come from projects across Venture Global’s LNG portfolio rather than a single named export facility.

Venture Global China Gas Deal Expands Long-Term LNG Supply

Long-duration agreements can help LNG developers support project financing while giving buyers greater visibility over future supply. Actual cargo economics will depend on contract pricing, shipping costs, destination flexibility and global gas-market conditions.

Venture Global publishes customer agreements through its official investor news archive. The companies did not disclose the pricing formula or the complete commercial protections included in the contract.

The Venture Global China Gas deal strengthens the commercial link between U.S. export capacity and long-term Asian demand. Delivery remains several years away, leaving the agreement exposed to construction schedules, regulatory conditions, geopolitical developments and changes in global energy consumption.