{"id":274902,"date":"2025-07-05T16:31:33","date_gmt":"2025-07-05T20:31:33","guid":{"rendered":"https:\/\/inspenet.com\/?p=274902"},"modified":"2025-07-04T16:38:35","modified_gmt":"2025-07-04T20:38:35","slug":"venture-global-and-petronas-seal-20-year-lng-deal","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/venture-global-and-petronas-seal-20-year-lng-deal\/","title":{"rendered":"Venture Global and PETRONAS seal 20-year LNG deal"},"content":{"rendered":"\n<p>U.S.-based Venture Global signed a purchase and sale agreement (PPA) for the sale of <strong><a href=\"https:\/\/inspenet.com\/en\/news\/shell-supply-gnl-a-turkish-company\/\" data-type=\"post\" data-id=\"184558\" target=\"_blank\" rel=\"noreferrer noopener\">liquefied natural gas<\/a><\/strong> (LNG) with PETRONAS LNG Ltd. This agreement ensures the supply of 1 million tons per year (MTPA) of LNG from the future CP2 LNG terminal in Louisiana for the next two decades. <\/p>\n\n<p>The new commitment is in addition to the existing agreement for Plaquemines LNG, bringing the total volume that PETRONAS will obtain from Venture Global&#8217;s facilities to 2 MTPA.<\/p>\n\n<h2 class=\"wp-block-heading\">Details of the new LNG contract<\/h2>\n\n<p>With this signing, the U.S. marketer has already sold 10.75 MTPA of the 14.4 MTPA planned in Phase 1 of CP2. <strong><a href=\"https:\/\/ventureglobal.com\/projects-cp2\/\" target=\"_blank\" rel=\"noreferrer noopener\">CP2<\/a><\/strong>Phase 1 of CP2, moving closer to its goal of providing affordable energy and supporting global energy security.<\/p>\n\n<p>In the meantime, <strong><a href=\"https:\/\/inspenet.com\/en\/news\/totalenergies-and-petronas-strengthen-their-energy-presence-in-malaysia\/\" target=\"_blank\" data-type=\"post\" data-id=\"267733\" rel=\"noreferrer noopener\">PETRONAS<\/a><\/strong> is consolidating its strategy to diversify sources and guarantee stable deliveries for its Asian customers, relying on the integrated production, transportation and regasification chain of its U.S. partner.<\/p>\n\n<p>It is important to mention that Venture Global is developing projects that include carbon capture and storage systems. <strong><a href=\"https:\/\/inspenet.com\/en\/news\/italy-carbon-capture-and-storage\/\" data-type=\"post\" data-id=\"105171\" target=\"_blank\" rel=\"noreferrer noopener\">carbon capture and storage<\/a><\/strong>storage systems, aligned with its decarbonization objectives.<\/p>\n\n<p><strong>Follow us on social networks and don&#8217;t miss any of our publications!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" rel=\"nofollow noopener\" target=\"_blank\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" rel=\"nofollow noopener\" target=\"_blank\">Instagram<\/a> <a href=\"https:\/\/x.com\/Inspenetnetwork\" rel=\"nofollow\">X (Twitter)<\/a> <a href=\"https:\/\/www.tiktok.com\/@inspenet?_t=8qqIL6dRGNR&amp;_r=1\" rel=\"nofollow noopener\" target=\"_blank\">TikTok<\/a><\/p>\n\n<p><strong>Source: <strong><a href=\"https:\/\/ventureglobal.com\/2025\/07\/03\/venture-global-announces-20-year-sales-and-purchase-agreement-with-petronas\/\" target=\"_blank\" rel=\"noopener\">Venture Global<\/a><\/strong><\/strong><\/p>\n\n<p><strong>Photo: shutterstock<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new commitment is in addition to the existing agreement for Plaquemines LNG.<\/p>\n","protected":false},"author":8403,"featured_media":274874,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-274902","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/274902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8403"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=274902"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/274902\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/274874"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=274902"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=274902"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=274902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}