{"id":10933,"date":"2024-06-04T08:46:06","date_gmt":"2024-06-04T08:46:06","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=10933"},"modified":"2024-06-04T08:46:06","modified_gmt":"2024-06-04T08:46:06","slug":"totalenergies-signs-lng-agreements-with-indian-oil-corp-korea-south-east-power","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/10933\/","title":{"rendered":"TotalEnergies signs LNG agreements with Indian Oil Corp, Korea South-East Power"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0French energy major TotalEnergies announced on Tuesday agreements with Indian Oil Corporation and Korea South-East Power for the supply of liquefied natural gas (LNG) over a medium to long term period.<\/p>\n

It signed a sales and purchase agreement with Indian Oil Corporation to deliver up to 800,000 metric tons per year of LNG to India for ten years from 2026, it said in a statement.<\/p>\n

The company also signed a heads of agreement with Korea South-East Power to supply up to 500,000 metric tons per year of LNG to South Korea for five years starting from 2027.<\/p>\n

The agreements are in line with TotalEnergies’ strategy of growing its LNG business and are medium-term outlets for its global LNG supply portfolio, the company said.<\/p>\n

Indian Oil Corporation, the country’s top refiner, had previously signed a long-term deal to receive 1.2 million metric tons per year of LNG supplies from United Arab Emirates’ s Abu Dhabi Gas Liquefaction Co Ltd (ADNOC LNG), beginning from 2026 for 14 years.<\/div>\n
Updated on