Venture Global Inc. and ConocoPhillips signed a new, long-term sales and purchase agreement for LNG under which ConocoPhillips will buy 1.0 million tonnes/year (tpy) of LNG from Venture Global for 20 years, starting in 2030.

Venture Global is a producer and exporter of US LNG with over 100 million tpy of capacity in production, construction, or development. The company began producing LNG from its first plant in 2022.