September 29, 2022 10:24 GMT
Greek utility, DEPA Commercial, has signed a deal with TotalEnergies for winter LNG supply if needed, the Greek ministry said today.
- TotalEnergies will supply Greece with two LNG cargoes a month for five months until March 2023. Greece can reserve the right not to purchase if they pay a cancellation fee.
- Greece will use a benchmark price, not TTF to price the cargoes. It is not clear how the pricing is structured.