Oct. 1 letter, now public, says deals signed Sept. 1 High Asian and European prices spur contracting Venture Global LNG has signed two long-term offtake contracts with China’s Sinopec for a total of 4 million mt/year of supplies that will be tied to its proposed Plaquemines LNG facility in Louisiana, a letter it filed with the US Department of Energy that was made public Oct. 19 said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The 20-year deals — one for 2.8 million mt/year of supply and the other for 1.2 million mt/year of supply — represent by far the largest contract by volume for US LNG agreed to by a single Chinese entity. The disclosure, in an Oct. 1 letter from Venture Global attorneys to the DOE that was posted on the government agency’s website, follows Cheniere Energy’s announcement Oct. 11 that a […]