![]() ![]() ![]() By signing the SPAs with Venture Global, CNOOC will be able to further improve its ability to meet China's increasing gas demand, whilst provide solid support for China's energy transition pathway to build a more "beautiful China". "We are pleased to announce our long-term LNG cooperation with Venture Global. The Greek-flagged ship Yiannis has arrived at Venture Global LNG’s Calcasieu Pass export terminal in Louisiana as the company prepares to load its first liquefied natural gas cargo. "As China's largest LNG importer, CNOOC is committed deeply not only to the mission of securing China's gas supply, but also to the climate goals of building a carbon-neutral China by 2060," said Shi Chenggang, Chairman of CNOOC Gas & Power. Currency in EUR 10.16 0.00 (0.00) Stock chart is not. This new long-term partnership with CNOOC builds on our company's continued momentum in a very active 2021." 1557028.MC Interactive Stock Chart VENTURE GLOBAL Stock - Yahoo Finance VENTURE GLOBAL (1557028.MC) MCE - MCE Delayed Price. "Venture Global is pleased to announce the expansion of our footprint in Asia through two new deals to supply the Chinese market with clean, low-cost US LNG," said Mike Sabel, Chief Executive Officer of Venture Global LNG. " China is critical to global climate efforts, and LNG supplied by Venture Global will serve as an important addition to their low carbon energy mix for decades. In addition, CNOOC Gas & Power will purchase 1.5 million tonnes (MT) of LNG from Venture Global's Calcasieu Pass LNG facility for a shorter duration. Under the deal, Venture Global will supply 2 million tonnes per annum (MTPA) of LNG on a free on board (FOB) basis from its Plaquemines LNG export facility, in Plaquemines Parish, Louisiana. This marks the first LNG supply agreement signed by a US exporter with CNOOC, China's largest importer of LNG. 20, 2021 /PRNewswire/ - Today, Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the execution of a 20-year Sales and Purchase Agreement (SPA). ![]()
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