Venture Global Signs Tolling Agreements with European Companies, an Industrial Info Market Brief

Venture Global has signed a 20-year tolling agreement with France-based Electricite de France SA for 1 million metric tons per year of liquefied natural gas (LNG). The supply will come from Venture Global's planned Plaquemines facility in Louisiana. Earlier, Venture Global had signed an offtake agreement with Poland's PGNiG for 2.5 million metric tons per year of LNG. The site's total planned production is estimated at 20 million metric tons per year.