Venture Global Shifts Toward Shorter LNG Contracts to Speed Builds
Venture Global is moving away from funding long 20-year LNG deals toward shorter contracts as construction timelines compress. Brownfield projects target 18-month builds, with CEO Mike Sabel saying emphasis will shift to much shorter terms while marketing 32 Mt/y of capacity still uncommitted. The company reports most 2026 Calcasieu Pass and Plaquemines cargos sold, and it increased a Vitol deal to 1.7 Mt/y through 2031.