Venture Global (VG) and Naturgy announced the execution of a new long-term sales and purchase agreement for the purchase of 1M tons per annum of liquefied natural gas from Venture Global for twenty years beginning in 2030. The agreement represents Spain’s first long-term contract for American LNG since Venture Global’s first contract in 2018. To date, Venture Global has supplied Spain with 35 cargoes from its Calcasieu Pass and Plaquemines facilities.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VG:
- Venture Global reports Q3 EPS 16c, consensus 23c
- Venture Global cuts FY25 adjusted EBITDA view to $6.35B-$6.5B from $6.4B-$6.8B
- VG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Venture Global, Atlantic – See execute new sales and purchase agreement
- Venture Global initiated with an Equalweight at Capital One