To supply LNG to Indian Oil Corporation, Korea South-East Power (Il Sole 24 Ore Radiocor) - Paris, 04 Jun - The French energy group TotalEnergies said that it signed two new medium- and long-term contracts to supply liquefied natural gas (LNG) in Asia.

The group reached a sales and purchase agreement (SPA) with Indian Oil Corporation for the delivery to India of up to 800,000 tons per year of LNG for ten years from 2026.

It also reached an agreement 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.

"These agreements allow TotalEnergies to secure medium-term outlets for its global LNG supply portfolio. They also strengthen the company's footprint in Asian markets, where it is particularly committed to supporting its customers with their decarbonization strategies," it added.

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(RADIOCOR) 04-06-24 11:58:36 (0288) 5 NNNN