HOUSTON (Reuters) -BP has won its arbitration case against Venture Global ( VG ) over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global ( VG ) said on Thursday.

Share of Venture Global ( VG ) were down over 3% in after-hours trade

The ruling stands in contrast to a decision in August that saw Venture Global ( VG ) prevail in a similar complaint from Shell.

The settlement has no material impact on the company, Venture Global ( VG ) said in a filing.

Other companies, including Edison and Galp, have also filed claims against Venture Global ( VG ), accusing it of profiting from the sale of LNG on the spot market instead of providing them with contracted cargoes from the Calcasieu Pass export facility in Louisiana.