Sinopec Signs 15-Year LNG Deal with TotalEnergies for 2 Million Tons Annually Starting in 2028

Nov 4, 2024, 10:38 AM

China's Sinopec has entered into a long-term agreement with TotalEnergies for the supply of liquefied natural gas (LNG). The deal, which spans 15 years, will see TotalEnergies supply up to 2 million tons of LNG annually to Sinopec starting in 2028. This agreement is part of China's broader strategy to secure long-term energy supplies amid uncertain future demand. The partnership highlights the ongoing collaboration between Chinese and French energy firms as they navigate the global energy landscape.