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Italian Energy Company Agrees to Buy 2 Million Metric Tons of Liquified Natural Gas per Year for 20 Years
CAMERON PARISH, LOUISIANA, UNITED STATES, JUL 16 – Eni commits to buy 2 million metric tons per year of LNG from Venture Global's Louisiana project for 20 years, boosting Europe's energy diversification and security.
- On Wednesday, July 16, 2025, Venture Global and Eni signed a 20-year SPA for 2 million tonnes per annum of LNG from the CP2 LNG project in Louisiana.
- Facing supply gaps from the war in Ukraine, Eni pursued a U.S. LNG contract as political and tariff pressures mounted.
- The CP2 LNG facility in Louisiana, with a peak 28 MTPA capacity, and prior shipments to Italy, now reaches 43.5 MTPA contracted.
- Eni said, the deal supports its ambition to reach 20 MTPA by 2030, while the agreement is considered favorable for its strategy expansion.
- This partnership expects deliveries from CP2 to begin by 2030, while CP2 is slated to start up in 2027, highlighting the U.S.'s leading LNG role, Eni said.
26 Articles
26 Articles
Italy To Purchase $15 Billion In US Natural Gas - Patriot Newsfeed
In a major development for transatlantic energy and trade relations, Italian energy giant Eni has finalized a 20-year agreement to purchase 2 million metric tons of liquefied natural gas (LNG) annually from American supplier Venture Global. Valued at approximately $15 billion, the deal marks Eni’s first long-term LNG contract with a U.S. provider and positions the United States as a growing energy partner for Italy and Europe. The agreement was …
Another Big Trump Win for US Natural Gas
U.S. natural gas company Venture Global signed a deal with Italian company Eni, one of Europe’s largest energy companies, to sell 2 million metric tons of liquefied natural gas per year for 20 years. The deal comes as President Donald Trump pressures Europe to import more from the United States to avoid tariffs. “We are honored that […] The post Another Big Trump Win for US Natural Gas appeared first on www.independentsentinel.com.
European Energy Giants Sign Deals to Buy American LNG
Italian energy company Eni has inked an agreement to buy liquefied natural gas (LNG) from the United States, the company said in a July 16 statement. “Eni will purchase 2 million tonnes per annum (MTPA) for 20 years with offtake starting by the end of the decade,” the company said. LNG will be supplied from phase 1 of Virginia-based Venture Global’s CP2 LNG terminal facility. “The facility, with a peak production capacity of 28 MTPA, is currentl…
European energy giants sign long-term deals with US, marking win for Trump administration
Two European energy giants have reached 20-year-long deals to purchase liquefied natural gas (LNG) from an American company, marking a major victory for the Trump administration.Venture Global — an energy company based out of Arlington, Virginia — will supply 2 million metric tons of liquefied natural gas each year to Eni, a multinational energy company headquartered in Rome. The contract is for 20 years, according to announcements Wednesday fro…
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