Venture Global Lands First Long-Term U.S.-Greece LNG Deal


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- Venture Global announced Friday (11/7) the first 
long-term LNG agreement between the U.S. and Greece, as it agreed to provide 
Athens-based Atlantic See a minimum of 0.5 million tonnes per year of U.S. 
liquefied natural gas over 20 years.

   Shipments will begin in 2030, with supply sourced from Venture Global's 
operations in the U.S. Gulf Coast, which include over 100 MTPA of capacity 
across production, construction, and developments in Louisiana, the company 
said in a statement.

   The agreement follows Venture Global's previously announced investment in 
regasification capacity at the Alexandroupolis LNG import terminal in Greece, 
which currently accounts for approximately 25% of the terminal's total capacity.




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