Feb 27, 2026 (MarketLine via COMTEX) --
Venture Global and Hanwha Aerospace agreed to a sales and purchase agreement for 1.5 million tons per annum of U.S. liquefied natural gas beginning in 2030 for a 20-year term.
Venture Global (NYSE:VG) and Hanwha Aerospace Co., Ltd. announced the signing of a new Sales and Purchase Agreement (SPA) for the purchase of 1.5 million tonnes per annum (MTPA) of U.S.-produced liquefied natural gas (LNG) from Venture Global for a 20-year period beginning in 2030. The agreement expands Venture Global's long-term contract portfolio to more than 46 MTPA.
"We are excited to announce our first long-term supply agreement in Korea through our new partnership with Hanwha Aerospace. This marks another important step forward in expanding reliable, long-term LNG supplies to our partners in Asia," said Mike Sabel, CEO of Venture Global. "We are proud to support the growing global energy demand with low-cost, reliable U.S. LNG, strengthening the strategic energy partnership between the U.S. and Korea, supporting long-term industrial and economic growth."
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COMTEX_478415246/2227/2026-05-02T20:00:47
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