![]() ![]() ![]() It supplies around 5.5 million customers with electricity, gas, water as well as services and products in the areas of infrastructure and energy. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilitiesEnBW With over 26,000 employees, EnBW is one of the largest energy companies in Germany and Europe. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. Venture Global's first facility, Calcasieu Pass, commenced producing LNG in January 2022. LNG sourced from resource rich North American natural gas basins. "With the help of LNG, we can secure Germany's gas supply to enable the energy transition, while not losing sight of our climate neutrality targets.About Venture Global LNGVenture Global is a long-term, low-cost provider of U.S. For this reason, we have stepped up our procurement volumes from Venture Global", explained Georg Stamatelopoulos, Chief Operating Officer Generation & Trading at EnBW. Our Gulf Coast facilities incorporate critical, world class European equipment, including liquefaction modules, gearboxes, steam turbines and more, supporting countless jobs across the continent.""To become less dependent on Russian natural gas and to strengthen diversification and security of supply, EnBW is supporting the German government by increasing further access to LNG supplies. Our company has pioneered the next generation of LNG plants, with a safe and low-cost model, enabling us to bring much needed supply to the global market years faster than ever done before. "The German government has taken swift action to address the energy crisis and we are honored to support their efforts by providing security of US LNG supply. Under the 20-year Sales and Purchase Agreements (SPAs) signed in June 2022, EnBW has increased the quantity of its long-term LNG offtake from Venture Global by an additional 0.5 MTPA from Plaquemines and CP2 LNG."Venture Global is delighted to be a growing strategic partner to Germany and EnBW, a foundation customer at both Plaquemines and CP2," said Venture Global CEO Mike Sabel. 6, 2022 /PRNewswire/ - Today, Venture Global LNG and EnBW announced the expansion of their existing LNG partnership to 2 million tonnes per annum (MTPA). ![]()
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