National Grid’s Grain LNG on Monday announced the execution of a binding long-term terminal use agreement (TUA) with Venture Global on enabling the regasification and sale of LNG from all of Venture Global’s LNG terminals in Louisiana.

Venture Global would have access to 3 million metric tons per annum (3MTPA) of LNG storage and regasification capacity at the Isle of Grain LNG receiving terminal for sixteen years beginning in 2029.
Source: Reuters (Reporting by Deep Vakil and Seher Dareen in Bengaluru, Editing by Louise Heavens)