Venture Global, Hanwha Aerospace ink 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a long-term sales and purchase deal with Hanwha Aerospace, a unit of South Korean conglomerate Hanwha. This is Venture Global’s first long-term LNG supply deal in South Korea.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.

Gasunie, Vopak plan fifth Gate LNG jetty

Dutch partners Gasunie and Vopak plan to build a fifth liquefied natural gas (LNG) jetty at their Gate terminal in the port of Rotterdam.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

More News Like This

Venture Global secures $3 billion credit facility

A unit of US LNG exporter Venture Global has entered into a new $3 billion 364-day revolving credit facility to fund growth.

Hanwha Aerospace forms US LNG unit

Hanwha Aerospace, a unit of South Korean conglomerate Hanwha, has formed a new unit in the US to oversee its liquefied natural gas (LNG) business.

Venture Global expects resolution of next Calcasieu Pass arbitration case by year-end

US LNG exporter Venture Global expects resolution of the next arbitration case over LNG sales from its Calcasieu Pass plant in Louisiana by the end of this year, according to CEO Mike Sabel.

Venture Global to sign multiple LNG deals by year-end, CEO says

US LNG exporter Venture Global LNG anticipates signing multiple additional LNG supply contracts by the end of this year, according to CEO Mike Sabel.