Today, Venture Global LNG and EnBW announced the execution of two long-term 
Sales and Purchase Agreements (SPAs) for 1.5 million tonnes per annum (MTPA) of 
liquefied natural gas (LNG) from Venture Global's Plaquemines and CP2 
facilities, starting 2026. According to the agreement, EnBW will purchase 0.75 
MTPA from Plaquemines LNG and 0.75 MTPA from CP2 LNG for 20 years. EnBW becomes 
the next European customer of Venture Global, who already announced agreements 
with PGNiG, BP, Shell, Repsol, Edison and GALP.

Photo - 
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"Venture Global is thrilled to welcome EnBW as a long-term customer for both 
our Plaquemines and CP2 LNG facilities," said Mike Sabel, CEO of Venture Global 
LNG. "This is the first direct binding offtake agreement for long-term US LNG 
signed by a German company, an important step that manifests Germany's strategy 
to diversify its energy mix. Our company is honored to become a major provider 
of LNG to Germany, providing security of supply on a competitive, long-term 
basis."

"EnBW looks forward to a long-term LNG partnership with Venture Global", says 
Georg Stamatelopoulos, Chief Operating Officer Generation & Trading at EnBW. 
"We have expanded our LNG activities step by step in the recent years. 
Liquefied natural gas plays a key role in the diversification of our fuels for 
electricity and heat generation: It opens up the possibility of new sources to 
secure Germany's gas supply in the current energy transition phase and builds a 
bridge to a green energy supply."


About Venture Global LNG

Venture Global is a long-term, low-cost provider of U.S. LNG sourced from 
resource rich North American natural gas basins. Venture Global's first 
facility, Calcasieu Pass, commenced producing LNG in January 2022.  The company 
is also constructing or developing an additional 60 MTPA of production capacity 
in Louisiana to provide clean, affordable energy to the world. The company is 
developing Carbon Capture and Sequestration (CCS) projects at each of its LNG 
facilities


www.venturegloballng.com

About EnBW 

With over 24,000 employees, EnBW is one of the largest energy companies in 
Germany and Europe. 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 expansion of renewable energies is a cornerstone of the growth 
strategy and a focus of investment. EnBW will invest around 4 billion euros in 
the further expansion of wind and solar energy by 2025. By the end of 2025, 
more than half of the generation portfolio is to consist of renewable energies. 
This is already having a noticeable effect on reducing CO2 emissions, which 
EnBW aims to halve by 2030. EnBW is aiming for climate neutrality by 2035.

www.enbw.com

Venture Global LNG

CONTACT: Venture Global investor contact: Leah Woodward, Phone: +1 202 
759-6746, E-Mail: lwoodward@vglng.com, Venture Global media contact: Shaylyn 
Hynes, Phone: +1 202 920-0964, E-Mail: shynes@vglng.com, EnBW Energie 
Baden-Württemberg AG, Corporate Communications, Durlacher Allee 9376131 
Karlsruhe, Phone: 0721 63-255550, E-mail: presse@enbw.com, Website: www.enbw.com