Free Trial

Grain LNG Sign 16 Year Supply Deal with Venture Global

LNG

Venture Global LNG has signed a deal for the right to deliver 3m tons of LNG per year to the Grain LNG import terminal for 16 years from 2029.

  • The agreement was a result of an auction process that started in September 2023 and follows a similar deal for 3m tons per year for 10 years between Algeria’s Sonatrach and Grain last week.
  • “The addition of our first US customer further diversifies our supplier base, underpins UK consumers’ energy security and guarantees the future of our world-class site out to 2045,”said Katie Jackson, president of the UK’s National Grid Ventures, which operates Grain LNG.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.