Venture Global-Vitol LNG deal targets upside in 2026-27 spot prices

Venture Global’s latest US LNG deal with Vitol, which Atlantic Basin traders say is priced at 119% of Henry Hub plus $2.80-$3.20/million British thermal unit, is attractive for at least the first years of the five-year term, the traders have told Platts. The LNG deal is driven by expectations of elevated spot prices and favorable spreads versus Northeast Asia and Europe. On March 23, VentureVenture Global’s latest US LNG deal with Vitol, which Atlantic Basin traders say is priced at 119% of Henry Hub plus $2.80-$3.20/million British thermal unit, is attractive for at least the first years of the five-year term, the traders have told Platts. The LNG deal is driven by expectations of elevated spot prices and favorable spreads versus Northeast Asia and Europe. On March 23, VentureRead More