Venture Global and Petronas Announce Sales and Purchase Agreement
5/11/2022
Venture Global - Press release Venture Global LNG and PETRONAS LNG Ltd., a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS, announced the execution of a new 20-year Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s Plaquemines LNG facility. With this agreement, Venture Global has now announced 20-year sales for 16 MTPA of the 20 MPTA nameplate capacity at Plaquemines LNG. “Venture Global is proud to begin a new, long-term supply partnership with PETRONAS, a world renowned and experienced leader in global LNG engineering and operations,” said Venture Global CEO Mike Sabel. “This