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Venture Global, SEFE Ink 20-Year LNG Supply Deal

LNG

Venture Global LNG and SEFE signed a 20-year deal to supply 2.25mtpa of LNG for the duration of 20 years according to Venture Global.

  • With this deal, Venture Global would become Germany’s largest LNG supply with a total volume of 4.25mtpa of LNG. It previously signed a deal with Germany’s ENBW.
  • Germany previously looked to ink shorter-term LNG supply deals amid its climate goals.
  • Supplies will come from Venture Global's LNG Calcasieu Pass 2 project. Construction of the project is scheduled to start later this year.
  • The SEFE deal brings the total committed for the project to 9.25mtpa of the 20mtpa nameplate capacity.
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