Venture Global, Germany's EnBW expand partnership with new LNG contract

June 17 (Reuters) - Venture Global said on Wednesday it has expanded on its agreements with Germany's EnBW by signing another deal to supply about 0.82 million metric tons per annum of liquefied natural gas for around five years from 2026.

The deal builds on the two companies' earlier agreements for supply of 2 MTPA over 20 years, as Germany and Europe seek to strengthen energy security.

The agreement is Venture Global's sixth with European buyers since March.

European utilities have increasingly locked in long-term LNG contracts to reduce exposure to volatile spot markets and secure supply following disruptions linked to geopolitical tensions.

Venture Global, which began LNG production in 2022, is expanding capacity at its Louisiana facilities, including Calcasieu Pass, Plaquemines LNG and CP2 LNG.

The company has said its combined projects in operation, construction and development exceed 100 MTPA. It is also investing in carbon capture tied to its export plants.

Last week, the U.S. exporter said it had doubled agreed volumes under a revised deal with Greece's Atlantic SEE LNG Trade to supply at least 1 MTPA from 2030.

(Reporting by Sumit Saha in Bengaluru; Editing by Leroy Leo)