The share price of Venture Global, Inc. (NYSE:VG) surged by 17.94% between July 7 and July 11, 2025, putting it among the Energy Stocks that Gained the Most This Week.
A closeup of the Rio Grande LNG terminal facility, showing its massive scale.
Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world. The company is currently the second-largest LNG exporter in the United States.
Venture Global, Inc. (NYSE:VG) shot up this week following a series of positive developments for the company. It was recently reported that the LNG producer has signed a multi-year sales and purchase agreement (SPA) with Petronas LNG, a subsidiary of Malaysia’s state-owned oil and gas giant Petronas. According to the agreement, Petronas will purchase 1 million tonnes per annum (MTPA) of LNG from VG’s third export facility, CP2 LNG, which is expected to begin deliveries in 2027.
Moreover, Venture Global, Inc. (NYSE:VG) announced this week that it has finalized an agreement with Securing Energy for Europe GmbH (SEFE) to provide the latter with an additional 0.75 MTPA of LNG from CP2 LNG for 20 years.
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