ConocoPhillips Signs Long-Term LNG Supply Deal With Venture Global
ConocoPhillips has signed a long-term agreement with Venture Global to purchase 1 million tons of LNG annually for 20 years, with deliveries starting in 2030. The deal expands COP's LNG portfolio as part of its strategic supply efforts.
Why it matters — This multi-decade LNG supply agreement secures a reliable, long-term source of LNG, strengthening ConocoPhillips' portfolio and positioning it for future natural gas demand.