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FX.co ★ TotalEnergies Announces Two LNG Medium- And Long-term Contracts In Asia - Quick Facts

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typeContent_19130:::2024-06-04T10:11:00

TotalEnergies Announces Two LNG Medium- And Long-term Contracts In Asia - Quick Facts

TotalEnergies (TTE) has entered into two significant LNG contracts in Asia. The first is a sales and purchase agreement with Indian Oil Corporation, which will see up to 800,000 tons per year of LNG delivered to India over ten years starting in 2026. The second agreement, with Korea South-East Power, involves the delivery of approximately 500,000 tons per year of LNG to South Korea for five years beginning in 2027.

"These agreements allow TotalEnergies to secure medium-term outlets for its global LNG supply portfolio," said Gregory Joffroy, Senior Vice President of LNG at TotalEnergies.

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