U.S. LNG producer Venture Global signs a 5-year deal with Gastrade for 25% of Alexandroupolis terminal's capacity, starting 2025.

Venture Global, a U.S. LNG producer, has signed a five-year agreement with Greek company Gastrade to utilize up to 1 million metric tons of LNG regasification capacity at the Alexandroupolis terminal starting in 2025. This deal grants Venture Global 25% of the terminal's capacity, facilitating annual access to about 12 cargoes. The project aims to enhance energy security in Central and Eastern Europe by providing alternative natural gas supplies.

September 17, 2024
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