TotalEnergies: LNG agreement with HD Hyundai Chemical
(CercleFinance.com) - TotalEnergies announces the signing of a long-term sales agreement with HD Hyundai Chemical for the delivery of 200,000 tonnes of LNG (liquefied natural gas) p.
a., for seven years from 2027.
With this agreement, the price of which is indexed to Brent and Henry Hub, the energy company strengthens its long-term position in South Korea, the world's third largest importer of LNG.
This agreement enables us to continue securing long-term sales in Asia and to reduce our exposure to gas prices on the spot market, TotalEnergies said.
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a., for seven years from 2027.
With this agreement, the price of which is indexed to Brent and Henry Hub, the energy company strengthens its long-term position in South Korea, the world's third largest importer of LNG.
This agreement enables us to continue securing long-term sales in Asia and to reduce our exposure to gas prices on the spot market, TotalEnergies said.
Copyright (c) 2024 CercleFinance.com. All rights reserved.