BUZZ-Venture Global shares rise as reports say the company is in talks with China on LNG sales
路透社2026/10/06 16:06October 6th - LNG producer Venture Global (VG.N) shares rose 2.3% to $13.77. According to Bloomberg, due to the Iran war disrupting global LNG transport and prompting China to seek diversified supply sources, the company is negotiating LNG sales with more Chinese buyers. Venture Global has not immediately responded to a request for comment from Reuters. Bloomberg reports that Venture Global has held preliminary discussions for long-term contracts with at least three Chinese LNG importers. Of 18 brokerage firms, 11 have given the stock a "buy" or higher rating, and 7 have given a "hold" rating; the median target price is $16. Including intraday fluctuations, VG’s share price has more than doubled so far this year. (For the convenience of non-native English speakers, Reuters automatically translates its reports into several other languages. Because automated translation may contain errors or lack necessary context, Reuters makes no guarantee as to the accuracy of automated translations, which are provided solely for the convenience of readers. Reuters assumes no liability for any damages or losses caused by the use of the automated translation feature.)
October 6 - ** Liquefied natural gas (LNG) producer Venture Global (VG.N) shares rose 2.3% to $13.77
** According to Bloomberg, due to disruption of global LNG shipments caused by the Iran war, which pushed China to seek diversified sources of supply, the company is in talks to sell LNG to more Chinese buyers (link)
** Venture Global has not immediately responded to Reuters' request for comment
** Bloomberg (link) reports that Venture Global has begun preliminary discussions with at least three Chinese LNG importers on long-term contracts
** Of 18 brokerages, 11 rate the stock “buy” or above, and 7 rate it “hold”; the median target price is $16
** Including intraday volatility, VG shares have more than doubled so far this year
(To facilitate non-native English speakers, Reuters automatically translates its reports into several other languages. Since automated translations may contain errors or lack necessary context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for readers’ convenience. Reuters accepts no liability for any damage or loss caused by the use of automated translation functions.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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