U.S. natural gas company Venture Global strikes a deal with Italian company Eni to sell liquified natural gas. The 20-year deal sells 2 million tons per year.

Venture Global has entered a 20-year sales and purchase agreement (SPA) with Eni, the Italian energy company's first long-term contract with a US liquefied natural gas (LNG) producer. The agreement entails the purchase of two million tonnes per annum (mtpa) of LNG from Venture Global's CP2 LNG project.

Italy’s Eni has signed a 20-year LNG sales and purchase agreement with Venture Global – which is beginning to ramp up the contracts for its CP2 LNG project. The deal involves the purchase of 2 million tonnes per annum (mtpa) from Venture Global’s third project, and marks Eni’s first long-term agreement with a US LNG producer.