Overview
- Venture Global executed a binding deal with Vitol for about 1.5 million tonnes per year of U.S. LNG that starts in 2026 and runs for five years.
- The company reached final investment decision and financial close for CP2 LNG Phase 2 this month with $8.6 billion in project financing.
- Venture Global now counts more than 49 million tonnes per year contracted across three U.S. projects, and CP2 targets peak output of 29 MTPA with most nameplate already sold.
- Shares have surged in recent weeks after an EPS beat, new 2026 EBITDA guidance, and a wave of analyst upgrades that lifted price targets.
- Reports of a missile strike damaging Qatar’s Ras Laffan gas hub, which handles about one fifth of global LNG supply, have intensified supply concerns and boosted interest in U.S. exporters.