Venture Global Expands LNG Supply to Japan With Tokyo Gas Deal

Group 1: Company Overview - Venture Global Inc. (VG) is a U.S.-based liquefied natural gas (LNG) exporter that has secured a long-term offtake agreement with Tokyo Gas for 1 million metric tons per annum starting in 2030, marking its fourth LNG deal with a Japanese firm [1][3][9] - Over the past six months, Venture Global has secured a total of 7.75 million tons per annum in long-term LNG offtake agreements, including the recent deal with Tokyo Gas [2][9] - The company has filed for approval for the brownfield expansion of its Plaquemines LNG project with the Federal Energy Regulatory Commission [2][9] Group 2: Market Position and Strategy - The CEO of Venture Global stated that the new partnership with Tokyo Gas strengthens the company's market position and aims to establish VG as a reliable LNG supplier to Japan [3] - The agreement is expected to contribute positively to the U.S.-Japan trade balance while ensuring a reliable supply of LNG to Japan, which is the second-largest LNG-importing country after China [3][4] Group 3: Industry Context - Japan imported nearly 66 million tons of LNG in 2024, highlighting its significant demand for LNG [4]