{"id":81444,"date":"2024-10-03T00:00:00","date_gmt":"2024-10-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/03\/santos-totalenergies-ink-supply-agreement-for-500k-tons-of-lng-annually\/"},"modified":"2024-10-03T00:00:00","modified_gmt":"2024-10-03T00:00:00","slug":"santos-totalenergies-ink-supply-agreement-for-500k-tons-of-lng-annually","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/03\/santos-totalenergies-ink-supply-agreement-for-500k-tons-of-lng-annually\/","title":{"rendered":"Santos + TotalEnergies ink supply agreement for 500k tons of LNG annually"},"content":{"rendered":"

<\/strong>Santos + TotalEnergies ink LNG supply agreement: <\/strong> Australian oil and gas firm Santos has inked a mid-term agreement with French oil giant TotalEnergies to supply 20 liquefied natural gas (LNG) cargoes \u2014 500k tons of LNG per annum \u2014 starting 4Q 2025, according to a statement<\/a>. The Australian firm will supply the LNG on a delivered ex-ship (DES) basis to TotalEnergies Gas and Power Asia. \u201cThere continues to be extremely strong demand in Asia for high heating value LNG from projects such as Barossa and PNG LNG as countries focus on reducing their carbon emissions. Santos is committed to supporting the energy security of our valued customers across Asia, where gas will play an essential role in decarbonisation efforts across the region,\u201d CEO Kevin Gallagher said.<\/p>\n

Santos and TotalEnergies are doubling-down on LNG supplies: <\/strong>Santos inked a mid-term LNG supply contract with Glencore Singapore in early September, and a 10-year deal to supply Japan's Hokkaido Gas from 2027, <\/span>Reuters<\/a> reports. TotalEnergies inked a <\/span>10-year heads of agreement with Turkey\u2019s Botas Petroleum Pipeline Corporation<\/a> (Botas) to supply the country with 1.1 mn tons of LNG per year starting 2027.<\/span><\/p>\n

\n

MISC to acquire new L<\/strong>NG carriers: <\/strong>Malaysia\u2019s MISC Group has placed an order from South Korean Shipbuilder Samsung Heavy Industries for two new LNG carriers, Splash News<\/a> reports. The vessels will be delivered in 2027 and go on a 15-year charter with Malaysia\u2019s state oil and gas company Petronas. The two firms have also chosen to terminate charters for three existing steam LNG carriers, scheduled for redelivery in 2027 and 2028. They have also agreed to extend the charters for two additional carriers until the end of March 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"

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