Arbitration Tribunal Rules in Favor of Venture Global in LNG Sales Dispute

Summary

On January 21, 2026, Venture Global, Inc. announced that the International Chamber of Commerce's International Court of Arbitration issued a final award in favor of Venture Global Calcasieu Pass, LLC (VGCP), its indirect subsidiary, in the arbitration proceedings with Repsol LNG Holding, S.A. regarding LNG sales from the Calcasieu Project. The award found that VGCP had acted as a 'Reasonable and Prudent Operator' in accordance with the long-term LNG sales and purchase agreement and denied Repsol's claims in their entirety. Venture Global is pleased with the ruling, which affirms the company's stance that it has fully honored the terms of its long-term contracts without exception. The company highlights that this and other proceedings have affirmed its position on the contractual obligations.