Venture Global pens LNG sales deals with ExxonMobil
US LNG developer Venture Global has agreed two long-term contracts for the annual sale of 2mn metric tons/year of LNG to ExxonMobil from its liquefaction facilities in Louisiana, the company announced on May 10.
ExxonMobil will take 1mn mt/yr of LNG from Venture's Plaquemines LNG plant, a 20mn mt/yr project due to start up in 2023. A further 1mn mt/yr will come from Venture's CP2 LNG plant, where construction is tentatively scheduled to begin next year.
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Venture clinched two other contracts spanning 20 years in April, on the sale of 1mn mt/yr each from Plaquemines LNG and CP2 LNG in April to New Fortress Energy.