Venture Global LNG will supply China Gas Holdings with LNG from its Plaquemines LNG and CP2 LNG sites in Louisiana, under a 20-year-long sales and purchase agreement.
Under the deal, China Gas will purchase two million tonnes per annum of LNG from Venture Global. One million tonnes per annum will be supplied from Plaquemines LNG and another from the CP2 LNG export facility.
Liu Minghui, Chairman and President of China Gas Holdings, said the deal increases the company’s LNG portfolio and will help supply customers with low-carbon LNG.
Mike Sabel, CEO of Venture Global LNG, highlighted the importance of supporting energy security and environmental progress in both Asia and Europe.
... to continue reading you must be subscribed
