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USA Business Watch – Insightful News on Economy, Finance, Politics & Industry
Home » Venture Global announces 20-year sales and purchase agreement with Petronas – Energy News, Top Headlines, Commentary, Features, Events
Energy & Resources

Venture Global announces 20-year sales and purchase agreement with Petronas – Energy News, Top Headlines, Commentary, Features, Events

Bussiness InsightsBy Bussiness InsightsJuly 3, 2025No Comments3 Mins Read
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A world-class partner in the LNG industry, Petronas will join other CP2 LNG customers in Europe, Asia and other worlds in a strategically important project in global energy supply and security. To date, approximately 10.75 MTPA with a 14.4 MTPA nameplate capacity for CP2 Phase 1 has been sold.

About Venture Global

Venture Global is a long-term, low-cost provider of US LNG sourced from a wealth of North American natural gas basins. Venture Global’s business includes assets across the LNG supply chain, including LNG production, natural gas transportation, transportation and regeneration. Calcasieu Pass, the first venture global facility, began production of LNG in January 2022 and acquired commercial operations in April 2025. The company’s second facility, Plaquemines LNG, achieved its first production of LNG in December 2024. Venture Global develops carbon capture and sequestration projects at each LNG facility.

Forward-looking statements

This press release contains forward-looking statements. Such forward-looking statements are intended to be subject to the safe harbor provisions of forward-looking statements contained in Section 27A of the Securities Act of 1933 (the “Securities Act”) and section 21E of Section 21E of Section 21E of Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements other than statements of historical fact contained herein are “forward-looking statements.” In some cases, forward-looking statements can be identified in terms such as “possibility,” “possibility,” “will,” “possibility,” “expectation,” “plan,” “plan,” “project,” “expectation,” “estimate,” “estimate,” “estimate,” “estimate,” “foresee,” “latent,” “pursuit,” “pursuit,” “target,” “target,” “target,” “target,” “continue,” negative term, “target,” “target,” “target.”

These forward-looking statements subject to risks, uncertainties and assumptions relating to us may include statements regarding our future performance, contracts, anticipated growth strategies, and anticipated trends that will affect our business. These statements are only forecasts based on current expectations and forecasts regarding future events. There are significant factors that may lead to actual results, level of activity, performance, or outcomes, which differ materially from results expressed or implied by results, level of activity, performance, or forward-looking statements. These factors include the need for significant additional capital to build and complete future projects and related assets, and the possibility that such financing cannot be secured on acceptable terms or at all. The risk of delays associated with the inability to accurately estimate the costs of our projects and the construction and operation of natural gas pipelines and pipeline connections for our projects being subject to regulatory approval, development risks, labor costs, unavailability of skilled workers, unavailability of operational risks, and other risks. Uncertainty regarding the future regarding the dynamics of world trade, international trade agreements and the US position on international trade, including the impact of tariffs. Our reliance on EPCs and other contractors to successfully complete our projects, including the possibility of fulfilling our obligations under our contracts. A variety of economic and political factors, including opposition by the environmental or other public interest groups, or lack of local and community support necessary for the project. and risks related to “Item 1A. Risk Factors” of the Annual Report for the Year 10-K filed with the Securities and Exchange Commission (“SEC”) and other factors related to subsequent reports filed with the SEC.

The forward-looking statements contained herein are only spoken as of the date of this press release and are based on assumptions that we believe are reasonable as of this date. There is no obligation to update these statements except as required by law.

contact address

Venture Global Contact
Investors:
Ben No Run
[email protected]29DK2902L

media:
Shaylin Hines
[email protected]



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