Venture Global, SEFE sales pact

• ARLINGTON, Va., - Venture Global LNG and SEFE Securing Energy for Europe GmbH (SEFE) announced the execution of a 20-year Sales and Purchase Agreement (SPA). 
• Under the agreement, SEFE’s subsidiary, WINGAS GmbH, will purchase 2.25M tons per annum (MTPA) of liquefied natural gas (LNG) from its Cameron Parish CP2 LNG facility, Venture Global’s third project.
• “Venture Global is thrilled to begin a strategic partnership with SEFE, making our company the largest long-term LNG supplier to Germany,” said Mike Sabel, CEO of Venture Global LNG.
• SEFE plays a major role in ensuring security of energy supply for Germany and the rest of the European gas market. 
• SEFE, a German state-owned company, joins other CP2 LNG customers, including ExxonMobil, Chevron and China Gas. 9.25 MTPA of the 20MTPA nameplate capacity for CP2 has been sold. 
• About 33% of the current offtake agreements are with German buyers, further underscoring the importance of CP2 LNG to Germany’s long-term energy security. 
• Venture Global is a long-term, low-cost provider of U.S. LNG. The company has facilities in Louisiana at Calcasieu Pass, Plaquemines and Cameron parishes The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities. (Venture Global 06/22/23) Venture Global and SEFE Announce 20-year LNG Sales and Purchase Agreement • Venture Global LNG