Venture Global and ConocoPhillips Sign 20-Year LNG Supply Deal

Key Facts

Venture Global and ConocoPhillips announced a 20-year LNG sales and purchase agreement. Business Wire reported that the long-term deal is designed to secure LNG supply and strengthen the partnership between the two energy companies in the global gas market.

COP closed at $125.15 on September 30, 2026, while VG closed at $12.64 on the same date. Such long-term supply agreements are intended to provide revenue certainty for producers and secure feedstock for energy majors through standard industry contracts.