This is Venture Global's fourth Japanese contract and will contribute to a record 7.75 MTPA of long-term contracts signed by the company in 2025.
Venture Global, Inc., a leading American producer and exporter of liquefied natural gas (LNG), and Tokyo Gas Co., Ltd., Japan’s largest city gas supplier, today announced the execution of a new, long-term Sales and Purchase Agreement (SPA) for LNG. This significant 20-year commitment will see Tokyo Gas procure 1 million tonnes per annum (MTPA) of LNG from Venture Global, with deliveries slated to commence in 2030.
The agreement is a substantial win for Venture Global, further cementing its commercial momentum. The company has now signed a total of 7.75 MTPA in long-term SPAs just in the first six months of 2025, a testament to the robust global appetite for its low-cost U.S. LNG. Furthermore, this latest deal marks Venture Global’s fourth long-term contract with a Japanese entity, solidifying its position as a major energy partner to the nation.
Venture Global CEO Mike Sabel emphasized the strategic importance of the partnership, stating, “With nearly 8 MTPA of new long-term commitments signed this year, Venture Global is pleased to build on our commercial momentum through this new partnership with Tokyo Gas. Tokyo Gas is a pioneer in the LNG industry and leading provider of natural gas to Japan, and we look forward to working with them as we grow our position as a top LNG supplier to Japan.”
Sabel also highlighted the broader economic impact of the deal, noting, “This agreement will contribute significantly to the US-Japan balance of trade over the duration of the SPA, providing Japan with affordable, reliable American LNG.”
The deal strengthens the energy relationship between the United States and Japan, providing a secure, long-term supply source for one of Asia's largest energy consumers. Tokyo Gas, which serves approximately 13 million customers, is a key global LNG player with a diverse energy portfolio that includes LNG procurement, power generation, and renewable energy investments. Securing 1 MTPA for two decades will play a crucial role in managing its future energy supply needs and stability.
The company's major projects, including Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are strategically located in Louisiana along the Gulf of America. In a move reflecting the energy industry’s increasing focus on sustainability, Venture Global is also actively developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities, positioning its supply as not just reliable and affordable, but also aligned with future environmental standards.
