EU signs $750-billion LNG deal with US producers

WASHINGTON, D.C., July 28, 2025 – Shares in US LNG producers have jumped after the EU pledged to purchase USD 250 billion annually in American LNG under a three-year trade agreement, Reuters reported on Monday.

Shares in NextDecade, Venture Global and Cheniere Energy rose between 3% and 4.4%, while infrastructure developers such as New Fortress Energy gained about 3%, CNBC reported.

The agreement forms part of a broader US-EU trade pact unveiled on Sunday, which also includes a 15% US tariff on EU goods and a pledge by Brussels to invest USD 600 billion in the US above current levels.

In a statement shared by the European Commission, EU president Ursula von der Leyen said the deal would strengthen the bloc’s energy security: “We will replace Russian gas and oil with significant purchases of US LNG, oil and nuclear fuels,” she said.

Shares of gas producers Expand Energy and EQT Corp gained 1.6% and 3%, respectively, in early trading.

Cheniere Energy is the largest US LNG exporter, with operations spanning production, liquefaction and export facilities. It operates Sabine Pass and Corpus Christi terminals and serves markets across Europe, Asia and the Americas.

NextDecade is focused on LNG export infrastructure and carbon capture, currently developing the Rio Grande LNG project in Texas.

Venture Global is a long-term LNG exporter with active projects in Louisiana including Calcasieu Pass and Plaquemines LNG, serving global energy markets.

New Fortress Energy develops and operates LNG terminals and gas-to-power solutions across the Americas, Asia and Europe.

Photo courtesy of Venture Global

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