Refile: BUZZ-Venture Global rises on report of LNG sales talks with China
06/10/2026 16:58
REFILE-BUZZ-Venture Global rises on report of LNG sales talks with China Corrects typo in company name in headline
** Shares of LNG producer Venture Global VG.N up 2.3% to $13.77
** Bloomberg News reports co is in talks to sell LNG to additional Chinese buyers as the Iran war disrupts global shipments and prompts China to diversify supply sources
** Venture Global did not immediately respond to a Reuters request for comment
** According to Bloomberg, Venture Global has been holding early-stage discussions for long-term contracts with at least three Chinese LNG importers
** 11 of 18 brokerages rate the stock "buy" or higher, seven "hold"; their median PT is $16
** Including session moves, VG stock more than doubled YTD
(Reporting by Darshan Kumar in Bengaluru)
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