Excelerate Energy signs 20-year LNG SPA with Venture Global for 0.7 MTPA from Plaquemines LNG

Excelerate Energy, Inc.

Excelerate will purchase 0.7 million tonnes per annum of LNG on a FOB basis for 20 years from Venture Global's Plaquemines LNG facility in Louisiana.
Agreement supports Excelerate's growth strategy to build a diversified LNG supply portfolio and offer flexible products to downstream markets.
Venture Global is Excelerate's inaugural long-term LNG supplier; Plaquemines LNG facility is under construction/development.
Excelerate CEO Steven Kobos and Venture Global CEO Mike Sabel commented on the strategic partnership enhancing energy security.

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