Venture Global and ConocoPhillips sign 20-year LNG supply deal

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Go back to Venture Global and ConocoPhillips sign 20-year LNG supply deal

Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement

October 1, 2026 4:30 PM EDT

ARLINGTON, Va.--(BUSINESS WIRE)-- Today, Venture Global, Inc. (NYSE: VG) and ConocoPhillips (NYSE: COP) announced a new, long-term Sales and Purchase Agreement (SPA) for liquefied natural gas (LNG). Under the SPA, ConocoPhillips will buy 1.0 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years, starting in 2030.

"Venture Global is proud to welcome ConocoPhillips, one of the world's leading energy companies, as a long-term partner," said Venture Global CEO Mike Sabel. "This agreement reflects continued market confidence in our proven ability... More