TotalEnergies to supply 900,000 tons of LNG per year to Jiangsu Guoxin for 15 years
FROM THE WIRE · FINANCE.YAHOO.COM
PARIS & SHANGHAI, November 04, 2026--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement (HoA) with Jiangsu Guoxin Group, a major energy company in China Jiangsu Province, for the delivery of 900,000 tons of LNG per year. Subject to the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA long-term LNG supply agreement that strengthens TotalEnergies' sales portfolio in China.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The deal is an HoA subject to finalizing SPAs and is set to start in 2028.
- 02Volumes will be delivered to the new LNG terminal in Rudong.
- 03Jiangsu is China's second-largest province by GDP and natural gas consumption.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
TotalEnergies SE83.15 EUR+0.53%today +0.53%Neutral TotalEnergies SE92.70 USDMarket closedtoday -0.09%Neutral TotalEnergies SE83.24 EUR+4.05%today +4.05%Neutral Natural Gas2.90 USD-0.03%today +0.28%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets