Atlantic-See LNG Trade (AKTOR-DEPA) 20-year deal for US LNG signed | LNG & LPG news

Atlantic-See LNG Trade S.A. – a newly formed joint venture between Greek companies AKTOR and DEPA Commercial – reached an agreement with the American producer and exporter of U.S. liquefied natural gas (LNG), Venture Global, to bolster Central and Eastern European energy security.

New York-listed Venture Global has entered into a 20-year sales and purchase agreement with Greece’s Atlantic-See LNG Trade S.A. for the purchase of a minimum of 0.5 million tonnes per annum of U.S. liquefied natural gas (LNG) from Venture Global for twenty years starting in 2030, according to a press release statement.

Under the deal, Atlantic-See has the potential to expand its purchase