Total Inks Deal to Supply LNG to China's ENN

Total on Thursday announced this week’s second LNG supply deal in Asia.

The French firm has signed a binding Heads of Agreement (HoA) with ENN LNG Trading for the delivery of 0.5 million tons 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 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. “Building partnerships with new LNG buyers such as ENN in China allows us to grow our presence in this key LNG market.”

On Tuesday, Total signed long-term LNG supply agreement with state-owned Indonesian company Pertamina.