Venture Global Inks LNG Supply Deal with Vitol Through 2031

Venture Global has signed a five-year agreement to supply 1.5 MMtpy of U.S. LNG to Vitol starting in 2026, expanding its portfolio of short- and mid-term supply contracts.

(P&GJ) — Venture Global has signed a new agreement to supply approximately 1.5 million tonnes per annum (MMtpy) of U.S. liquefied natural gas (LNG) to Vitol under a five-year contract beginning in 2026.

The deal adds to Venture Global’s growing portfolio of LNG supply agreements and reflects continued demand for flexible, shorter-term contracts in the global LNG market.

Volumes will be sourced from Venture Global’s U.S. export portfolio, though the company did not specify which facilities would supply the cargoes.

“Global demand for flexible, reliable U.S. LNG is rapidly growing, and Venture Global is proud to work with premier LNG trading companies like Vitol to provide this critical supply to the market,” said Venture Global CEO Mike Sabel. “Thanks to our innovative model, we have the ability to provide our customers with short, medium, and long-term LNG supply, and this agreement is another important step in diversifying the tenor of our LNG portfolio.”

The agreement highlights the increasing role of trading firms in securing LNG volumes to meet shifting global demand, particularly as buyers seek more flexibility in contract duration and sourcing.

“Vitol is delighted to be working with Venture Global, a leading producer and supplier of LNG to world markets,” said Pablo Galante Escobar, Global Head of LNG at Vitol. “LNG is important to many economies worldwide. Through this transaction Vitol is expanding its supply base to be able to offer diverse and reliable sources of energy to our customers and partners around the world.”