Venture Global Inc. (NYSE:VG) announced it has entered into a binding deal with energy trader Vitol for the sale of roughly 1.5 million tonnes per year of U.S. liquefied natural gas over a five-year period beginning in 2026.
According to the company, the LNG will be sourced from Venture Global’s network of production facilities. The agreement forms part of the company’s broader strategy to provide customers with a range of supply arrangements, including short-, medium-, and long-term contracts.
“Global demand for flexible, reliable U.S. LNG is rapidly growing, and Venture Global is proud to work with premier LNG trading companies like Vitol to provide this critical supply to the market,” said Venture Global CEO Mike Sabel.
Pablo Galante Escobar, Global Head of LNG at Vitol, said the agreement strengthens the company’s ability to broaden its supply portfolio and deliver a wider range of energy options to clients around the world.
Venture Global is a U.S.-based LNG producer and exporter with more than 100 million tonnes per year of capacity across facilities that are operating, under construction, or in development. The company began producing LNG from its first plant in 2022 and currently runs three projects in Louisiana: Calcasieu Pass, Plaquemines LNG and CP2 LNG.
Vitol, which was founded in Rotterdam in 1966, operates from about 40 offices globally. The energy trading group reported revenues of $340 billion in 2025 and delivered 23 million metric tons of LNG that year. The company has been active in LNG markets since the mid-2000s and holds more than $13 billion in long-term energy infrastructure investments.