en.Wedoany.com Reported - Venture Global and Atlantic-SEE LNG Trade have expanded their existing US liquefied natural gas (LNG) sale and purchase agreement, extending the term to 20 years starting in 2030.

Atlantic-SEE LNG is a joint venture established in November 2025 by Greek companies AKTOR Group and DEPA Commercial. The revised agreement increases Atlantic-SEE's minimum LNG purchase volume from Venture Global from 500,000 tonnes per year to 1 million tonnes per year.

Alexandros Exarchou, CEO of Atlantic-SEE LNG Trade, stated that the expanded commercial agreement reflects the ambition and foundation of the company's long-term strategic plans regarding LNG and the Vertical Corridor, which can provide alternatives and energy security for Central and Eastern Europe. He also noted that this move highlights the growing importance of transatlantic energy cooperation between Greece and the United States, and believes that geopolitical developments offer Greece a historic opportunity to become an energy hub between continents.

Previously, Venture Global had invested in the regasification capacity of the Alexandroupolis LNG import terminal in Greece, which currently accounts for approximately 25% of its total capacity. The terminal, along with the north-south "Vertical Corridor," is expected to provide a new route for supplying US LNG to Central and Eastern Europe.

Venture Global is a US-based LNG producer and exporter with over 100 million tonnes per annum of capacity in production, construction, or development phases. The company began LNG production from its first facility in 2022 and is currently one of the largest exporters in the United States.

Mike Sabel, CEO of Venture Global, stated that the company is proud to announce this expanded partnership, which reinforces their shared commitment to energy security, supply diversification, and economic growth, while advancing the strategic energy relationship between the United States and Europe. He also mentioned that the Vertical Corridor has become a crucial energy hub for the region, and continued investment in infrastructure such as the Alexandroupolis terminal is creating new pathways for secure and reliable energy supply to Central and Eastern Europe.

Last month, Venture Global secured new binding agreements to supply US-sourced LNG to TotalEnergies and Vitol, with total deliveries exceeding 1 million tonnes per year.

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