09.14
·Verified
·Importance III
·Sources 1
·China
US LNG exporter Venture Global has signed a new purchase and sale agreement with China Gas Holdings Limited. Under the agreement, China Gas will purchase 500,000 tons of LNG annually for a term of 20 years, bringing its total contracted off-take volume to 2.5 million tons per year.
09.14
·Reported
·Importance IV
·Sources 3
·United States
US liquefied natural gas exporter Venture Global announced an agreement with China Gas, under which China Gas will purchase 500,000 tonnes of LNG per year starting in 2030 for a period of 20 years, bringing the two sides' total long-term purchases to 2.5 million tonnes per year. The agreement was reached on the eve of the US-China leaders' summit.