China Gas Signs 20-Year LNG Deal

China Gas Holdings agreed to purchase liquefied natural gas from Venture Global for twenty years starting in 2030. The deal expands their long-term supply partnership despite ongoing tariffs on energy products.

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Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration

CHINA GAS HOLDINGS LTD signed a twenty-year agreement to buy 0.5 million metric tons of Natural Gas annually from VENTURE GLOBAL INC-CL A starting in 2030. The cross-border deal was announced on Monday morning in Bangkok by China Gas Chairman and President Liu Ming Hui. It follows a complete halt in Chinese imports of American energy cargoes that began in early 2025.

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