Jun. 18 at 6:05 PM
$VG has finalized new binding agreements w/ German energy company EnBW Energie Baden-Wurttemberg. The deals cover the supply of approximately 0.82Mtpa of US LNG for a duration of about 5 years, beginning in 2026
The new mid-term contracts supplement an existing long-term sales & purchase agreement b/n the 2 firms for 2Mtpa over 20 years
This deal follows shortly after Venture Global confirmed a 2-fold increase in LNG supply under its agreement w/ Greece's Atlantic-SEE LNG Trade, a JV b/n AKTOR Group & DEPA Commercial
Venture Global currently has over 100Mtpa of capacity either in production, under construction, or in development
