Venture Global to supply additional LNG volumes to SEFE
Venture Global Inc. has finalized an agreement with Securing Energy for Europe GmbH (SEFE) under which SEFE’s subsidiary, SEFE Energy GmbH, will purchase an additional 0.75 million tonnes/year (tpy) of LNG from CP2 LNG, Venture Global’s third project, for 20 years.
The agreement amends the existing sales and purchase agreement signed by the companies in 2023, increasing the total volume of LNG purchased by SEFE from CP2 LNG to 3 million tpy, Venture Global said in a release July 9 (OGJ Online, June 23, 2023).
In June 2025, Venture Global initiated full mobilization and started site work for the 28-million tpy CP2 LNG plant in Cameron Parish, La., with all federal approvals in hand (OGJ Online, June 3, 2025).
Venture Global said it expects to become Germany’s largest LNG supplier, with a combined 5 million tpy of 20-year offtake agreements signed with SEFE and EnBW. In addition to its existing long-term agreements, the company to date has supplied Germany with almost 80 cargoes of LNG from its Calcasieu Pass and Plaquemines LNG plants, the company continued.