Venture Global expands LNG deliveries to Italy amid contract settlements

Venture Global Inc. will deliver additional LNG cargoes to Edison SPA beyond those envisaged under a long-term contract signed between the parties in 2017. 

The additional cargoes, aimed at supporting gas supplies primarily to the Italian market, come as part of a commercial agreement signed to settle pending arbitration concerning the 10-million tonne/year Calcasieu Pass LNG plant in Cameron Parish, La.  

The first delivery is scheduled for May 2026 at the Adriatic LNG terminal. Details on the number of cargoes were not disclosed. The terminal, sited in the Veneto region in the northern Adriatic Sea, is the leading LNG entry point in Italy. In 2025, more than 40% of LNG volumes arriving in Italy were processed through the infrastructure, supplying over 13% of national gas demand, according to operator Terminale GNL Adriatico Srl (Adriatic LNG).

Contract disputes 

Despite the 20-year contract signed in September 2017, Venture Global has not started deliveries to Edison, alleging technical problems at the plant despite exports beginning in March 2022.

Venture Global has been in dispute with other contract customers—including Shell PLC, bp PLC, Repsol SA, and China Petroleum & Chemical Corp.—seeking cargoes or monetary compensation for a delay in the plant’s commercial operations date and cargoes shipping at spot rates. Commercial operations at Calcasieu Pass LNG officially began in April 2025, which began the sale of US LNG to its long-term customers. 

Earlier this year, an arbitrator ruled in favor of Venture Global in its dispute with Repsol. In August 2025, arbitrators sided with Venture Global in Shell’s case, but ruled in favor of bp a few months later. The dispute with China Petroleum & Chemical Corp. also was settled.

Completion of the settlement with Edison is expected by the end of this year’s second quarter, at which point the arbitration will be terminated and considered fully resolved.

Venture Global and Edison said the settlement strengthens commercial cooperation between the companies and “establishes a foundation for further future deliveries in the context of the disruption caused by ongoing geopolitical events.”