Venture Global has won a legal battle against Shell over its failure to deliver liquefied natural gas under long-term contracts starting in 2023, the U.S. LNG major said on Tuesday. Firms, including Shell,

Venture Global surges after winning its arbitration case with Shell related to the timing of contractual shipments of liquefied natural gas from its Calcasieu Pass plant in Louisiana.

An arbitration tribunal has ruled in favor of Venture Global in its high-profile LNG contract dispute with Shell and other European energy majors.