TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

TotalEnergies has signed an agreement with China's Jiangsu Guoxin Group to supply 900,000 tons of liquefied natural gas (LNG) annually for 15 years, with deliveries expected to begin in 2028, subject to the finalisation of sales and purchase agreements.

The LNG will be delivered to Jiangsu Guoxin Group's new terminal in Rudong, Jiangsu Province, for city gas supply and flexible power generation, TotalEnergies announced.

The agreement is intended to help secure energy supplies and meet peak demand in Jiangsu, China's second-largest province by gross domestic product and natural gas consumption.

The deal will further expand TotalEnergies' portfolio of long-term LNG sales agreements in China.

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