Finance
Venture Global wins arbitration case brought by Spain's Repsol
Published by Global Banking and Finance Review
Posted on January 21, 2026
1 min readLast updated: January 21, 2026
Quick Summary
Venture Global secured a victory in an arbitration case against Spain's Repsol over LNG sales from the Calcasieu Pass project.
Venture Global Secures Victory in Arbitration Against Repsol
Overview of the Arbitration Case
Jan 21 (Reuters) - Venture Global said on Wednesday an arbitration tribunal had ruled in its favour in a dispute with Spain's Repsol over liquefied natural gas sales from its Calcasieu Pass project under a long-term supply contract.
Details of the Dispute
(Reporting by Arunima Kumar in Bengaluru; Editing by Shreya Biswas)
Key Takeaways
- •Venture Global wins arbitration against Repsol.
- •Dispute involved LNG sales from Calcasieu Pass.
- •Ruling favors Venture Global's long-term contract.
- •Arbitration tribunal sided with Venture Global.
- •Case highlights LNG supply contract disputes.
Frequently Asked Questions about Venture Global wins arbitration case brought by Spain's Repsol
1What is liquefied natural gas?
Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state at about -162°C. This process reduces its volume, making it easier to transport and store.
2What is a tribunal?
A tribunal is a type of court or quasi-judicial body that is established to resolve specific types of disputes, often in a more informal and expedited manner than traditional courts.
3What is venture capital?
Venture capital is a form of private equity financing that is provided to startups and small businesses with long-term growth potential, often in exchange for equity ownership.
