Venture Global announced a 20‑year sales and purchase agreement with Tokyo Gas, the largest city‑gas supplier in Japan, to deliver 1 million tonnes per annum of liquefied natural gas beginning in 2030. The contract adds 1 MTPA to Venture Global’s long‑term portfolio, bringing total commitments signed in the past six months to 7.75 MTPA and positioning the company to capture a larger share of the global LNG market.
The agreement is a key milestone in Venture Global’s strategy to lock in stable, multi‑year revenue streams. By securing a long‑term deal in Japan—a market that is expanding LNG demand through data‑center growth and electricity generation needs—the company strengthens its presence in a high‑growth region and reinforces its reputation as a reliable U.S. LNG exporter.
Venture Global’s CEO Mike Sabel said the deal will “contribute significantly to the U.S.–Japan trade balance and provide affordable, reliable American LNG to a growing customer base.” The company’s portfolio now includes three operating or under‑construction projects in Louisiana—Calcasieu Pass, Plaquemines LNG, and CP2 LNG—alongside a total of over 100 MTPA of capacity in production, construction, or development.
While the financial terms of the agreement remain undisclosed, the 20‑year duration and 1 MTPA volume underscore the long‑term nature of the partnership. The deal is Venture Global’s fourth contract with a Japanese company and adds to nearly 8 MTPA of new long‑term commitments the company secured this year, reflecting a broader trend of LNG demand in Japan driven by the AI boom and data‑center expansion.
The partnership also aligns with Tokyo Gas’s strategy to diversify its energy mix and secure a stable supply of LNG as Japan seeks to reduce reliance on imported coal and oil. The agreement is expected to support Tokyo Gas’s goal of meeting its 2030 LNG supply targets while providing Venture Global with a predictable revenue stream that supports its capital allocation and growth plans.
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