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TotalEnergies Signs Two New Asian LNG Supply Deals

LNG

TotalEnergies is set to increase LNG deliveries to Asia with two new medium and long-term contracts, it announced Tuesday as follows:

  • A sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery to India of up to 800,000 tons per year of LNG for ten years from 2026; and
  • An agreement (HoA) with Korea South-East Power for the delivery to South Korea of up to around 500,000 tons per year of LNG for five years from 2027.

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