Venture Global, Inc. and Trafigura have announced the execution of a new, binding agreement for the purchase of approximately 0.5 million tonnes per annum of US liquefied natural gas from Venture Global for five years commencing in 2026. The mid-term agreement offers greater flexibility to customers in the global LNG market and provides greater diversification for Venture Global’s LNG portfolio.

Venture Global CEO Mike Sabel expressed that Trafigura is a global leader in LNG trading, and that the company was pleased to execute the mid-term LNG supply agreement to provide the market with flexible and reliable US LNG. He noted that global energy demand is stronger than ever, and that the agreement represents an important step in executing the company’s strategy of adding more mid-term agreements to diversify the tenor of its LNG portfolio. Sabel added that Venture Global looks forward to helping ensure the world remains well-supplied in the short, medium, and long term.

Igor Marin, global head of gas, power & renewables at Trafigura, stated that the agreement with Venture Global, a leading American producer and exporter of LNG, further strengthens and diversifies Trafigura’s global portfolio, reinforcing the company’s ability to connect US supply with customers across key international markets. He emphasised that US LNG supply is increasingly critical to global energy security, and that Trafigura looks forward to building on the collaboration with Venture Global.

For more information visit www.ventureglobal.com