SEATTLE (Oil Monster): U.S.-based liquefied natural gas (LNG) exporter Venture Global, Inc. has secured a major long-term supply agreement with Tokyo Gas Co. Ltd., marking a significant expansion of its presence in the Japanese energy market. Under the newly signed Sales and Purchase Agreement (SPA), Tokyo Gas will purchase 1 million tonnes per annum (mtpa) of LNG beginning in 2030.
This latest contract represents the fourth long-term LNG agreement that Venture Global has finalized with a Japanese buyer, further solidifying Japan’s role as a critical market for U.S. LNG exports. The company has already executed 7.75 mtpa of long-term LNG deals in the first half of the current year alone—an accomplishment that underscores accelerating energy collaboration between the two nations.
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Venture Global CEO Mike Sabel expressed enthusiasm about the agreement, highlighting that the deal reinforces the company’s commercial growth and supports Japan’s long-term energy security needs. He noted that partnering with a prominent industry leader like Tokyo Gas strengthens Venture Global’s position as a key LNG supplier to Japan.
Sabel further commented that the agreement is expected to provide meaningful economic support to the U.S. by enhancing the bilateral trade relationship with Japan throughout the lifespan of the contract.
The latest announcement adds momentum to Venture Global’s expanding global portfolio as demand for reliable, cleaner-burning LNG continues to grow across Asia.
