Venture Global has contracted 60% of expected Calcasieu Pass output
Venture Global LNG’s planned Calcasieu Pass LNG project moved closer to realization today, as BP (ticker: BP) announced a long-term LNG purchase agreement.

Venture Global will supply 2 MTPA to BP for 20 years under the new agreement on a free on board basis. BP is the fourth company to sign on with Venture Global, as Shell (ticker: RDS), Galp (ticker: GALP) and Edison have also signed contracts to acquire gas. Shell has agreed to purchase 2 MTPA, while Galp and Edison will ...

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