Venture Global and EnBW have recently firmed two long-term liquefied natural gas (LNG) deals. Combined, both the agreements will account for the sale and purchase of 1.5 million tonnes per annum (mtpa) of LNG.
Starting 2026, Venture Global’s Plaquemines and CP2 plants will provide the LNG for 20 years. Of the 1.5mtpa amount accorded, 0.75mtpa will come from CP2 and 0.75mtpa from Plaquemines.
The Plaquemines LNG export terminal is currently under construction after reaching a final investment decision (FID) on its first phase last May. Operations are expected to start in 2024.
For more information please visit EICDataStream.