[China Gas and Venture Global signed a 20-year long-term LNG purchase and sale agreement] On September 14th, China Gas Trading BU’s subsidiary China Gas Hongda Energy Trading Co., Ltd. and Venture Global’s subsidiary Venture Global CP2 LNG, LLC (hereinafter referred to as “Virgin CP2”) signed a LNG purchase and sale agreement. According to the agreement, Venture Global will supply 500,000 tons of liquefied natural gas per year to China Gas through its global resource pool on an offshore delivery (FOB) basis. The agreement period is 20 years. Xu Huilin, vice president of China Gas and chairman of China Natural Gas Smart Trading (Shenzhen) Co., Ltd., pointed out that this signing is a newly signed long-term agreement resource of 500,000 tons after the 3 million tons of long-term agreement resources locked from 2022 to 2023, which will promote the expansion of the group's long-term LNG agreement resource pool to 3.5 million tons per year. The purchase price of the above-mentioned purchase and sale agreement is linked to the Henry Hub benchmark price, with a fixed liquefaction fee attached. It is expected that the first batch of deliveries under this cooperation will begin as early as 2030.