Venture Global, Naturgy execute new long-term sales and purchase agreement

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.