The French energy company TotalEnergies has signed a sale and purchase agreement (SPA) with Sembcorp Fuels, a wholly owned subsidiary of Singapore-based Sembcorp Industries.
The deal signed covers the delivery of up to 0.8 million tons of liquefied natural gas (LNG) per annum (Mtpa) as from 2027 for a duration of sixteen years.
TotalEnergies states that the LNG will be sourced from its global portfolio and this new agreement adds to the companies’ current sale and purchase agreement which runs until 2029.
