Story perspectives

Venture Global Signs 20-Year LNG Deal With China Gas

By Drooid · Sep 15, 2026, 10:24 AM UTC · How we work

Summary

Story summary

Venture Global LNG signed a 20-year deal to supply China Gas 0.5 million metric tons of LNG per year.
Chinese imports of U.S. LNG fell 99% from 2024 to 2025, reaching 546 million cubic feet.
Venture Global provides roughly 40% of the feed gas that underpins U.S. daily LNG deliveries.
Middle-East conflict has driven importers to look beyond Qatar for LNG supplies.

History

Historical Context

The Energy Policy Act, signed by President George W. Bush on August 8 2005, broadened federal tax incentives and loan guarantees for energy production, laying groundwork for later U.S. liquefied natural gas projects. Decades later, Venture Global LNG secured a 20-year, 0.5-million-ton contract with China Gas, reflecting the export capacity growth spurred by that policy shift.

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Story summary

Venture Global LNG signed a 20-year deal to supply China Gas 0.5 million metric tons of LNG per year.
Chinese imports of U.S. LNG fell 99% from 2024 to 2025, reaching 546 million cubic feet.
Venture Global provides roughly 40% of the feed gas that underpins U.S. daily LNG deliveries.
Middle-East conflict has driven importers to look beyond Qatar for LNG supplies.

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