Venture Global and Atlantic-SEE double LNG sales agreement to 1.0 MTPA

Corporate Action
โดย Insider Monkey·Read original
Summary · why it matters

Venture Global and Atlantic-SEE LNG Trade of Greece have expanded their existing Sales and Purchase Agreement, doubling the contracted volume from 0.5 million tons per annum to 1.0 MTPA for twenty years starting in 2030. Atlantic-SEE is a joint venture between Greek companies AKTOR Group and DEPA Commercial. The expanded deal follows Venture Global's previously announced investment in regasification capacity at the Alexandroupolis LNG import terminal in Greece, which currently accounts for approximately 25% of that terminal's total capacity. Earlier, in mid-May 2026, Venture Global announced binding agreements with TotalEnergies for approximately 0.85 MTPA over roughly five years starting in 2026, and expanded its existing deal with Vitol to 1.7 MTPA from 1.5 MTPA.

Impact on stocks 2

Energy Transition & Power Demand▲ · 1 stocks
Venture Global, Inc.
VG
▲ PositiveDemandrelevance

Doubled LNG sales agreement to 1.0 MTPA for 20 years starting 2030.

Energy▲ · 1 stocks
TotalEnergies SE
TTE
▲ PositiveDemandrelevance

Previously announced binding agreement for ~0.85 MTPA from Venture Global.

Theme Impact 1

Off-coverage companies 4

ATLANTIC-SEE LNG Trade S.A.Private▲ Positive
Demandrelevance

Doubled contracted volume to 1.0 MTPA for 20 years starting 2030.

DEPA CommercialPrivate▲ Positive
Demandrelevance

DEPA Commercial's JV Atlantic-SEE doubles LNG purchase from Venture Global to 1.0 MTPA for 20 years, securing long-term supply.

AKTOR GroupPrivate▲ Positive
Demandrelevance

AKTOR Group is a joint venture partner in Atlantic-SEE, which doubled its LNG purchase.

Vitol GroupPrivate▲ Positive
Demandrelevance

Expanded existing deal with Venture Global to 1.7 MTPA from 1.5 MTPA.

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