April 28 (LNGJ) - Venture Global LNG has signed a long-term sales and purchase agreement with Japan’s largest LNG buyer, JERA Co. Inc. The SPA is for 1 million tonnes per annum of cargoes for a 20-year period from CP2 project, so called because it will be constructed adjacent to the existing Calcasieu Pass export facility.
The US company said the JERA deal means it has already sold over a third of the 20 MTPA nameplate capacity prosed for the CP2 project. “Venture Global is thrilled to be expanding our partnership with JERA, one of the world's premiere energy providers,” said Chief Executive Michael Sabel.
