Venture Global jumps on Shell arbitration win

** LNG company Venture Global VG.N rises 6.7% to $13 premarket

** Tribunal sides with VG in legal battle against Shell SHEL.L over cargo delivery from the Calcasieu Pass export facility; Shell had accused VG of favoring spot sales over contract obligations

** ** Ruling could set precedent for pending arbitrations with other energy firms, including BP BP.L, Edison EDNn.MI - JPMorgan, prior to verdict

** The decision of the tribunal is in keeping with Venture Global's position that it has always honored its agreements with its customers - VG

** As of last close, VG down more than 49% since it went public in January