Country for PR: United States
Contributor: PR Newswire New York
Wednesday, February 26 2020 - 08:59
Venture Global Plaquemines LNG and EDF enter into LNG Sales and Purchase Agreement for 1 MTPA
ARLINGTON, Va., Feb. 26, 2020 /PRNewswire-AsiaNet/ --

Venture Global LNG, Inc. announces that Venture Global Plaquemines LNG, LLC and 
Electricite de France, S.A. (EDF) have entered into a 20-year Sales and 
Purchase Agreement (SPA) for the supply of one million tonnes per annum (MTPA) 
from the Plaquemines LNG export facility in Plaquemines Parish, Louisiana. 

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Under this agreement, EDF will purchase LNG on a free on board basis (FOB) for 
a 20-year term starting from the commercial operation date of the Venture 
Global Plaquemines LNG export facility. 

The 20 MTPA Plaquemines facility utilizes an identical configuration to the 
company's Calcasieu Pass LNG project, currently under construction in Cameron 
Parish, Louisiana.  Plaquemines LNG has previously sold 2.5 MTPA under a 
20-year SPA to PGNiG.  The project has received its final authorizations from 
both the U.S. Federal Energy Regulatory Commission (FERC) and the U.S. 
Department of Energy (DOE). 

About Venture Global LNG

Venture Global LNG is a long-term, low-cost provider of LNG to be supplied from 
resource rich North American natural gas basins and is in construction or under 
development on 50 MTPA of production capacity in Louisiana. The 10 MTPA Venture 
Global Calcasieu Pass facility is under construction at the intersection of the 
Calcasieu Ship Channel and the Gulf of Mexico. The 20 MTPA Venture Global 
Plaquemines LNG facility is expected to commence construction this year and is 
located south of New Orleans on the Mississippi River.  Venture Global LNG is 
also developing the 20 MTPA Venture Global Delta LNG facility, adjacent to 
Plaquemines.  More can be found at 

SOURCE  Venture Global LNG, Inc.

CONTACT: Venture Global investor contact: Leah Woodward, D: +1 202 759-6746,; or Venture Global media contact: Jessica Wickett, D: +1 
202 759-6739,