March 23 (Reuters) - Liquefied natural gas firm Venture

Global ( VG ) said on Monday it has signed a binding agreement

to supply the super-chilled gas to global commodities trader

Vitol.

The United States' second-largest supplier of LNG has been

expanding its commercial footprint ahead of new project

milestones, as it aims to meet rising demand for the gas.

Here are some details:

* Vitol will purchase about 1.5 million tonnes per annum of

LNG for a period of five years startingthis year.

* "We have the ability to provide our customers with short,

medium, and long-term LNG supply," Venture Global ( VG ) CEO Mike Sabel

said.

* The agreement is another important step in diversifying

the tenor of Venture Global's ( VG ) LNG portfolio, Sabel added.

* Earlier this month, Venture Global ( VG ) said it would proceed

with the second phase of its CP2 liquefied natural gas project

in Louisiana, which it said is strategically important to global

energy supply and security.

* Venture Global ( VG ) currently has over 100 MTPA of LNG

capacity in production, construction, or development.