Venture Global and Mitsui Announce 20-Year LNG Sales and Purchase Agreement

Core Insights - Venture Global and Mitsui & Co. have signed a 20-year LNG Sales and Purchase Agreement for 1.0 million tonnes per annum starting in 2029 [1][2][10] - This agreement marks Venture Global's third long-term contract with a Japanese company, contributing to a total of 6.75 million tonnes per annum of long-term contracts signed by the company to date in 2025 [2][6] Company Overview: Venture Global - Venture Global is a prominent American producer and exporter of low-cost U.S. LNG, with over 100 million tonnes per annum of capacity in production, construction, or development [4] - The company began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States [4] - Venture Global's operations include LNG production, natural gas transport, shipping, and regasification, with key projects located in Louisiana [4] Company Overview: Mitsui - Mitsui & Co. is a global trading and investment company operating in over 60 countries, with a diverse business portfolio across various industries [5] - The company focuses on identifying, developing, and growing businesses in partnership with a global network of trusted partners [5]