Venture Global Signs Liquefied Natural Gas Supply Agreements With TotalEnergies, Vitol

MT Newswires Live05-12

Venture Global (VG) said Tuesday that it has signed binding agreements with TotalEnergies (TTE) and Vitol to supply additional liquefied natural gas.

TotalEnergies will purchase 0.85 million tons per annum of the fuel over a five-year period starting this year, Venture Global said.

Separately, Vitol expanded its existing five-year purchase contract to 1.7 million tons per annum from the 1.5 MTPA previously reported in March, Venture Global said.

Shares of Venture Global were up 11% in recent Tuesday premarket activity.

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