
20-year sales and purchase agreement marks Venture Global&#39;s first SPA with a Korean entity


Today, Venture Global, Inc. (NYSE:VG) and Hanwha Aerospace Co., Ltd. announced the execution of a new Sales and Purchase

<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<i xmlns="http://www.w3.org/1999/xhtml">20-year sales and purchase agreement marks Venture Global's first SPA with a Korean entity</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Today, Venture Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/VG">VG</a>) and Hanwha Aerospace Co., Ltd. announced the execution of a new Sales and Purchase Agreement (SPA) for the purchase of 1.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) from Venture Global for twenty years starting in 2030. This agreement brings Venture Global's long-term contracted portfolio to over 46 MTPA.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Venture Global is thrilled to announce our first long-term supply deal in Korea through a new partnership with Hanwha Aerospace which marks another important step in expanding reliable, long-term LNG supply to our partners in Asia," said Mike Sabel, CEO of Venture Global. "We are proud to support growing global energy needs with low-cost, secure American LNG while strengthening the strategic energy partnership between the United States and South Korea to support long-term industrial and economic growth."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Venture Global</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Venture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development. Venture Global began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States. The company's vertically integrated business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. The company's first three projects, Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are located in Louisiana along the Gulf of America. Venture Global is developing Carbon Capture and Sequestration projects at each of its LNG facilities.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Hanwha Aerospace</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Hanwha Aerospace is a core affiliate of the Hanwha Group, operating as a global company primarily focused on aerospace and defense, with expanding operations into energy and industrial infrastructure. Hanwha Aerospace is building an LNG value chain in collaboration with other Hanwha Group affiliates to enhance energy security and advance the effectiveness of clean energy solutions globally.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements, other than statements of historical facts, included herein are "forward-looking statements." In some cases, forward-looking statements can be identified by terminology such as "may," "might," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursue," "target," "continue," the negative of such terms or other comparable terminology.

</p><p xmlns="http://www.w3.org/1999/xhtml">
These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include statements about our future performance, our contracts, our anticipated growth strategies and anticipated trends impacting our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Those factors include our need for significant additional capital to construct and complete future projects and related assets, and our potential inability to secure such financing on acceptable terms, or at all; our potential inability to accurately estimate costs for our projects, and the risk that the construction and operations of natural gas pipelines and pipeline connections for our projects suffer cost overruns and delays related to obtaining regulatory approvals, development risks, labor costs, unavailability of skilled workers, operational hazards and other risks; the uncertainty regarding the future of global trade dynamics, international trade agreements and the United States' position on international trade, including the effects of tariffs; our dependence on our EPC and other contractors for the successful completion of our projects, including the potential inability of our contractors to perform their obligations under their contracts; various economic and political factors, including opposition by environmental or other public interest groups, or the lack of local government and community support required for our projects, which could negatively affect the permitting status, timing or overall development, construction and operation of our projects; and risks related to other factors discussed under "Item 1A.—Risk Factors" of our annual report on Form 10-K for the year ended December 31, 2024 as filed with the Securities and Exchange Commission ("SEC") and any subsequent reports filed with the SEC. Any forward-looking statements contained herein speak only as of the date of this press release and are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements to reflect subsequent events or circumstances, except as may be required by law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260226064547r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260226064547/en/" rel="nofollow">https://www.businesswire.com/news/home/20260226064547/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Ben Nolan
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:IR@ventureglobalLNG.com" shape="rect">IR@ventureglobalLNG.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Shaylyn Hynes
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@ventureglobalLNG.com" shape="rect">press@ventureglobalLNG.com</a>

</p>

Venture Global Announces New Long-Term LNG Partnership with Hanwha of Korea

Venture Global Secures 20-Year LNG Deal with Hanwha Aerospace

U.S.-based LNG company Venture Global said on Thursday it had signed a 20-year sales and purchase ag...

Venture Global signs 20-year LNG supply deal with Korea's Hanwha Aerospace

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>20-year sales and purchase agreement marks Venture Global&amp;#39;s first SPA with a Korean entity


Today, Venture Global, Inc. (NYSE:VG) and Hanwha Aerospace Co., Ltd. announced the execution of a new Sales and Purchase</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Venture Global has finalized a 20-year LNG supply agreement with Hanwha Aerospace, significantly expanding its long-term contracts to over 46 million tonnes. This move strengthens the strategic energy ties between the U.S. and South Korea and positions Venture Global to capitalize on the growing demand for reliable energy supplies in the region.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Venture Global signs long-term LNG agreement with Hanwha Aerospace.</li><li>Deal includes 1.5 million tonnes LNG per year starting in 2030.</li><li>Total long-term contract portfolio surpasses 46 million tonnes.</li><li>Agreement enhances U.S.-South Korea strategic energy partnership.</li><li>Venture Global supports global energy needs with competitive U.S. LNG.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hanwha Aerospace (N/A)</strong>: Partnering with VG strengthens its energy portfolio and market position.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments as it involves a significant strategic partnership that influences VG&#039;s operational capabilities and market presence, indicating potential future revenue growth and stability.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Long-term LNG contracts can improve cash flow visibility for Venture Global.</li><li>Strategic partnership enhances potential expansion into Asian markets.</li><li>Increased portfolio size supports higher valuation metrics for VG.</li><li>Global energy demands may drive LNG prices higher, benefiting VG.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>New SPA commits Hanwha Aerospace to 1.5 million tonnes/year of LNG.</li><li>Agreement duration is 20 years, starting from 2030.</li><li>VG&#039;s total long-term contracts rise to over 46 million tonnes.</li><li>Company produces LNG from facilities in Louisiana, operational since 2022.</li><li>VG currently handles over 100 million tonnes of LNG capacity.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in VG for potential growth due to increased LNG demand and contracts.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<i xmlns="http://www.w3.org/1999/xhtml">20-year sales and purchase agreement marks Venture Global's first SPA with a Korean entity</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Today, Venture Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/VG">VG</a>) and Hanwha Aerospace Co., Ltd. announced the execution of a new Sales and Purchase Agreement (SPA) for the purchase of 1.5 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) from Venture Global for twenty years starting in 2030. This agreement brings Venture Global's long-term contracted portfolio to over 46 MTPA.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Venture Global is thrilled to announce our first long-term supply deal in Korea through a new partnership with Hanwha Aerospace which marks another important step in expanding reliable, long-term LNG supply to our partners in Asia," said Mike Sabel, CEO of Venture Global. "We are proud to support growing global energy needs with low-cost, secure American LNG while strengthening the strategic energy partnership between the United States and South Korea to support long-term industrial and economic growth."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Venture Global</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Venture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development. Venture Global began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States. The company's vertically integrated business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. The company's first three projects, Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are located in Louisiana along the Gulf of America. Venture Global is developing Carbon Capture and Sequestration projects at each of its LNG facilities.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Hanwha Aerospace</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Hanwha Aerospace is a core affiliate of the Hanwha Group, operating as a global company primarily focused on aerospace and defense, with expanding operations into energy and industrial infrastructure. Hanwha Aerospace is building an LNG value chain in collaboration with other Hanwha Group affiliates to enhance energy security and advance the effectiveness of clean energy solutions globally.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements, other than statements of historical facts, included herein are "forward-looking statements." In some cases, forward-looking statements can be identified by terminology such as "may," "might," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursue," "target," "continue," the negative of such terms or other comparable terminology.

</p><p xmlns="http://www.w3.org/1999/xhtml">
These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include statements about our future performance, our contracts, our anticipated growth strategies and anticipated trends impacting our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Those factors include our need for significant additional capital to construct and complete future projects and related assets, and our potential inability to secure such financing on acceptable terms, or at all; our potential inability to accurately estimate costs for our projects, and the risk that the construction and operations of natural gas pipelines and pipeline connections for our projects suffer cost overruns and delays related to obtaining regulatory approvals, development risks, labor costs, unavailability of skilled workers, operational hazards and other risks; the uncertainty regarding the future of global trade dynamics, international trade agreements and the United States' position on international trade, including the effects of tariffs; our dependence on our EPC and other contractors for the successful completion of our projects, including the potential inability of our contractors to perform their obligations under their contracts; various economic and political factors, including opposition by environmental or other public interest groups, or the lack of local government and community support required for our projects, which could negatively affect the permitting status, timing or overall development, construction and operation of our projects; and risks related to other factors discussed under "Item 1A.—Risk Factors" of our annual report on Form 10-K for the year ended December 31, 2024 as filed with the Securities and Exchange Commission ("SEC") and any subsequent reports filed with the SEC. Any forward-looking statements contained herein speak only as of the date of this press release and are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements to reflect subsequent events or circumstances, except as may be required by law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260226064547r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260226064547/en/" rel="nofollow">https://www.businesswire.com/news/home/20260226064547/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Ben Nolan
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:IR@ventureglobalLNG.com" shape="rect">IR@ventureglobalLNG.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Shaylyn Hynes
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@ventureglobalLNG.com" shape="rect">press@ventureglobalLNG.com</a>

</p>

Venture Global has finalized a 20-year LNG supply agreement with Hanwha Aerospace, significantly expanding its long-term contracts to over 46 million tonnes. This move strengthens the strategic energy ties between the U.S. and South Korea and positions Venture Global to capitalize on the growing demand for reliable energy supplies in the region.

Venture Global Announces New Long-Term LNG Partnership with Hanwha of Korea

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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