Venture Global Secures $13.8B in LNG Deals, Advances CP2 Project

0:00This is Kori with the story, here with your quick two-minute update from Durham News today. Venture Global kicked off March with a major win, signing a 20-year deal to supply 1.5 million tons per year of liquefied natural gas. To South Korea's Hanwa Aerospace, starting in 2030, this March's first long-term pact with the Korean buyer and pushes their total contract to portfolio past 46 million tons per year. Meanwhile, at the Indo-Pacific Energy Security Forum in Tokyo, this agreement highlighted the U.S. push for reliable LNG supplies to Asia amid growing. Demand Venture Global also revealed a five-year deal with Trafigura for half a million tons per year beginning in 2026, showing buyers are still committing despite market tensions. For investors, these moved signal strong demand, backing up Venture Global's projected 2025 numbers, $13.8 billion in revenue, $2.3 billion in net income, and $6.3 billion in

1:03adjusted EBITDA from 380 LNG Cargos. The real momentum comes from their CP2 project where they had final investment decision on Phase 2 with $8.6 billion in financing, bringing total funding to $20.7 billion. That phase boasts a peak capacity of 29 million tons per year, with nearly all of it locked in long-term to European and Asian customers. With Asia market signing on and key projects funded, Venture Global is shifting from promises to progress, setting up a solid path as construction, ramps up, and deliveries near.