Venture Global has signed a 20-year LNG supply agreement with Tokyo Gas, adding 1 MMtpa of long-term sales and bringing its 2025 contract total to 7.75 MMtpa. The deal strengthens U.S.–Japan LNG trade as Gulf Coast export capacity continues to expand.
Venture Global and Tokyo Gas have signed a new 20-year LNG sale and purchase agreement (SPA), expanding long-term U.S. LNG supply into Japan as demand for stable baseload fuel continues to grow across Asia. Under the deal, Tokyo Gas will purchase 1 MMtpa of LNG from Venture Global beginning in 2030.
The agreement marks Venture Global’s fourth long-term LNG contract with a Japanese buyer and brings its total new SPAs signed in 2025 to 7.75 MMtpa, underscoring continued commercial momentum for U.S. Gulf Coast LNG projects.
“Tokyo Gas is a pioneer in the LNG industry and a leading supplier of natural gas in Japan,” said Mike Sabel, CEO of Venture Global. “This agreement strengthens our position as one of Japan’s key LNG suppliers and will support reliable, affordable U.S. LNG deliveries for decades.”
Venture Global now has more than 100 MMtpa of LNG capacity operational, in construction, or in development across its Louisiana export footprint, including Calcasieu Pass, Plaquemines LNG, and the CP2 LNG project. The company continues to pursue vertically integrated growth strategies, including carbon capture and sequestration at each site.
Tokyo Gas, Japan’s largest city-gas provider, serves approximately 13 million customers and maintains a diversified global LNG procurement portfolio as it works to balance energy security and decarbonization goals.
AloJapan.com