Total inks LNG deal with China’s ENN
French gas and oil giant Total said Thursday it has signed a deal to supply liquefied natural gas to China’s privately-owned ENN Group.
Under the deal, Total will supply ENN with 0.5 million tonnes per year of LNG for a period of 10 years.
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 said.
According to Laurent Vivier, President Gas at Total, the company is the first major to sign a binding LNG supply agreement with ENN, one of the largest natural gas distributors in China.
This is the second LNG supply deal Total signed this week. The French energy giant announced Tuesday it has signed long-term LNG sale and purchase agreements with state-owned Indonesian company Pertamina.