ConocoPhillips signs 20-year LNG supply deal with Venture Global

· Oil & Gas · United States

ConocoPhillips has signed a multi-year liquefied natural gas agreement with Venture Global, securing long-term U.S. energy supply starting in 2030. The 20-year pact underscores how buyers are locking in volumes well into the next decade as global LNG demand grows and supply routes remain uncertain. Venture Global, a U.S. exporter, gains another long-term offtake commitment for its liquefaction capacity, while ConocoPhillips adds a long-dated supply source to its portfolio. The deal is one of a string of recent long-term LNG contracts signed by U.S. producers and international buyers.

Why it matters：Long-dated U.S. LNG contracts are becoming the backbone of global gas supply security, tying buyers to American volumes and shaping investment in new liquefaction capacity.

Key points

  • Agreement is for 20 years starting in 2030
  • Venture Global is a U.S. LNG exporter
  • Comes amid a wave of long-term U.S. LNG offtake deals

Sources (original reporting)

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