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TotalEnergies SE ( (FR:TTE) ) just unveiled an announcement.
TotalEnergies has signed a Heads of Agreement with KOGAS, South Korea’s national natural gas company, to supply 1 million tons of LNG annually for 10 years starting from 2027. This deal, awarded through an international tender, will increase TotalEnergies’ LNG supply to KOGAS to 3 million tons per year from 2028, enhancing its market position in Asia and supporting a stable LNG supply amid a changing global energy landscape.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company involved in producing and marketing oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. It is the world’s third-largest LNG player, with a global portfolio of 40 million tons per year by 2024, and is committed to sustainability, aiming to increase the share of natural gas in its sales mix to reduce carbon emissions.
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