HomeNewsVenture Global Announces New Sales Agreements for Plaquemines and CP2 LNG, Releases Update on Pre-FID Milestones

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Venture Global Announces New Sales Agreements for Plaquemines and CP2 LNG, Releases Update on Pre-FID Milestones

3/16/2022

Venture Global LNG - Press release Today, Venture Global LNG announced that it has executed two new long-term 20-year Sales and Purchase Agreements (SPAs) with New Fortress Energy Inc., including 1 million tonnes per annum (MTPA) from Plaquemines LNG and 1 MTPA from CP2 LNG. This is the first SPA for the CP2 LNG facility, which the company expects to commence construction on in 2023. With these agreements, Venture Global has now executed over 80% of long-term 20-year contracts signed by US LNG companies since 2017.  “Venture Global is proud to enter into a long-term LNG partnership with New Fortress Energy. Our companies share a commitment to keeping energy markets well supplied while also

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