Regional LNG: Total signs agreement to supply LNG to ENN in China
Friday, February 5 2016 - 02:31 AM WIB
French firm Total SA has signed a binding Heads of Agreement with ENN LNG Trading for the delivery of 0.5 million tons per year of liquefied natural gas (LNG) for a period of 10 years.
Total said in a statement Thursday that the deliveries will be sourced from Total?s global LNG portfolio and are expected to begin in 2018 upon completion of ENN?s Zhoushan LNG receiving terminal.
?Total is the first major to sign a binding LNG supply agreement with ENN, one of the largest natural gas distributors in China,? commented Laurent Vivier, President Gas at Total in the statement. ?Building partnerships with new LNG buyers such as ENN in China allows us to grow our presence in this key LNG market.?
Editing by Reiner Simanjuntak