Venture Global reportedly in talks to sell US LNG to Chinese buyers
VG•Venture Global is reportedly in early-stage talks with at least three Chinese LNG importers, including PetroChina, about long-term contracts. PetroChina’s supply could exceed 1 million tons per year.
1. Talks with Chinese buyers
Venture Global is reportedly holding early-stage discussions on long-term contracts to supply LNG from its Louisiana export facilities to at least three Chinese importers, including PetroChina. The potential supply to PetroChina would exceed 1 million tons per year.
2. Trade and supply context
China imposed a 15% tariff on US LNG in February 2025 and stopped buying US LNG the following month. In September, China Gas Holdings signed a 20-year agreement to buy 0.5 million metric tons of US LNG annually from Venture Global starting in 2030. Venture Global and PetroChina did not immediately respond to requests for comment.
