Work at Venture Global LNG Inc.’s Calcasieu Pass export facility could stretch on until the end of the year, requiring the firm to seek an authorization extension from FERC, the company disclosed in a recent filing. The Virginia-based company has asked the Federal Energy Regulatory Commission to grant it an extra year to complete the…
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CNOOC Signs its First U.S. Long-Term Sales Agreement with Venture Global LNG
Venture Global LNG Inc. has signed an agreement to supply a subsidiary of China National Offshore Oil Corp. (CNOOC), China’s largest liquefied natural gas (LNG) importer, with 3.5 million metric tons/year (mmty) of the super-chilled fuel for a 20-year term. Venture Global would supply CNOOC with 2 mmty of LNG on a free-on-board basis from…
Venture Global Signs Largest U.S. LNG Supply Deal on Record with Sinopec
Venture Global LNG Inc. has reached a deal to sell nearly 8 million metric tons/year (mmty) of liquefied natural gas (LNG) to China Petroleum & Chemical Corp., aka Sinopec, in deals representing the largest supply agreement ever signed by a U.S. gas exporter. The 20-year deals, publicly announced on Thursday, also represent the largest supply…