Resend-BUZZ-Reports say Venture Global is in negotiations with China over liquefied natural gas sales, and its stock price has surged in response.
路透社2026/10/06 16:26Correction of company name spelling in the headline October 6 - Venture Global (VG.N), a liquefied natural gas producer, saw its share price rise by 2.3% to $13.77. According to Bloomberg, disruptions in global transportation caused by the situation in Iran have prompted China to seek diversified supply sources, and Venture Global is in talks to sell liquefied natural gas to more Chinese buyers (link). Venture Global has not immediately responded to a request for comment from Reuters. Bloomberg (link) reported that Venture Global has held preliminary negotiations on long-term contracts with at least three Chinese LNG importers. Out of 18 brokerages, 11 have rated the stock as "buy" or higher, and 7 have rated it as "hold". 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 provides automated translations of its reports into several other languages. As automated translations may contain errors or fail to convey the desired context, Reuters does not guarantee the accuracy of automated translation texts, which are provided solely to assist readers. Reuters accepts no responsibility for any damages or losses caused by the use of automated translation functions.)
Corrected the company name spelling error in the headline
October 6 - ** Liquefied natural gas producer Venture Global (VG.N) shares rose 2.3% to $13.77
** According to Bloomberg, due to global shipping disruptions caused by the Iran situation, prompting China to seek more diverse supply sources, the company is in talks to sell liquefied natural gas to more Chinese buyers (link)
** Venture Global has not immediately responded to Reuters' request for comment
** According to Bloomberg (link), Venture Global has held preliminary discussions for long-term contracts with at least three Chinese liquefied natural gas importers
** Of the 18 brokerages, 11 have a "Buy" or higher rating for the stock, and 7 have a "Hold" rating; the median target price is $16
** Including intraday fluctuations, VG shares have more than doubled since the start of this year
(For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. Because automated translation may contain errors or lack the desired context, Reuters does not guarantee the accuracy of the automated translation. The automated translation is provided solely for reader convenience. Reuters assumes no responsibility for any damage or loss caused by the use of the automated translation function.)
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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