Nov 10 (Reuters) - Venture Global ( VG ) swung to a

profit in the third quarter, it reported on Monday, as record

liquefied natural gas exports and a flurry of new long-term

supply deals boosted earnings.

The company's shares jumped 10% in premarket trading.

The U.S. exported a record 10.1 million metric tons of LNG

in October, making it the world's top exporter, according to

LSEG data.

Venture Global ( VG ), the country's second-largest exporter,

accounted for more than 30% of those shipments.

The company said it exported a record 100 cargoes during the

July-to-September quarter, totaling 372 trillion British thermal

units (TBtu), up 237% from a year earlier.

It also signed new 20-year supply deals with Naturgy of

Spain and Atlantic-SEE LNG Trade of Greece, adding to recent

agreements with Petronas, SEFE Energy and Eni. The new contracts

bring total long-term sales commitments to 5.25 million tonnes

per year in the second half of 2025.

Venture Global ( VG ) said 34 of 36 liquefaction trains at its

Plaquemines project are now producing LNG, while its CP2 project

received final authorization from the U.S. Department of Energy

to export to non-free trade countries.

However, the company trimmed its full-year adjusted core

profit forecast to between $6.35 billion and $6.50 billion, from

$6.40 billion to $6.80 billion, citing lower liquefaction fees

and reserves tied to ongoing arbitrations.

Last month, BP won its arbitration case against

Venture Global ( VG ) over its failure to deliver LNG under a long-term

contract.

Firms, including Shell, BP, Edison and

Galp, have filed similar claims since 2023, accusing

the U.S. supplier of selling cargoes on the spot market instead

of honoring contracts from its Calcasieu Pass facility in

Louisiana.

Venture Global ( VG ) reported net income attributable to common

stockholders of $429 million for the quarter ended September 30,

compared to a loss of $347 million a year earlier.