Italian energy company Eni has signed a major long-term LNG deal that will secure work for vessels over 20 years. New York-listed gas producer Venture Global said it had signed up to sell 2m tonnes per year (mpta) from its third project in the US, CP2 LNG.

Venture Global (NYSE:VG) said Wednesday it reached an agreement with Eni (E) for the purchase of 2M metric tons/year of liquefied natural gas for 2 years from the CP2 LNG project, in a deal that marks Eni’s first ever long-term agreement with an American LNG producer.

"Venture Global signs 20-year LNG agreement with Eni" was originally created and published by Offshore Technology, a GlobalData owned brand.