Venture Global and CNOOC sign SPA
December 21, 2021
Venture Global LNG and CNOOC Gas & Power Group signed a 20-year LNG SPA, which is the first LNG supply agreement signed by a US exporter with CNOOC. Under the SPA, Venture Global will supply 2 MTPA of LNG on a FOB basis from its Plaquemines LNG export project. In addition, CNOOC agreed to purchase 1.5 MT of LNG from Calcasieu Pass LNG facility for a shorter duration.
Edited from Venture Global press release