Posted on 06/21/2022 6:59:08 AM PDT by SpeedyInTexas
Venture Global LNG Inc. has struck the first binding deals by a U.S. natural-gas exporter to supply natural gas to a German company, as the European nation turns to America to help replace supplies from Russia.
On Tuesday, Venture Global said it agreed to sell 1.5 million metric tons of liquefied natural gas a year in two separate 20-year deals with German energy company EnBW Energie Baden-Württemberg AG, starting in 2026. Half of the amount will come from Venture’s Plaquemines LNG facility under construction in Louisiana, while the other half will come from another proposed facility in that state, it said.
Mike Sabel, Venture Global’s chief executive, said the agreements were “an important step that manifests Germany’s strategy to diversify its energy mix.”
(Excerpt) Read more at wsj.com ...
link
btw, i always first test a link at the “I want to search the archive for saved snapshots” box located in the second part of https://archive.ph/ to see if it’s already been archived ...
just be sure to strip off any part after (and including) “?” if such part exists ... stuff after “?” isn’t part of the base link and is usually just tracking information to tell the server what webpage on the internet was the source of the click on the link ...
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