
PETRONAS signs 20-year LNG purchase deal with Venture Global
Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from Venture Global’s third facility, CP2 LNG, for 20 years.
Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from Venture Global’s third facility, CP2 LNG, for 20 years.
A transaction could value the Canadian business at $6 billion to $7 billion, they said.
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