A post by @FirstSquawk on X.
TOTALENERGIES SE CHINA SAYS TOTALENERGIES TO SUPPLY 900,000 TONS OF LNG PER YEAR TO JIANGSU GUOXIN G…
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The long-dated offtake locks in steady Chinese demand for the French energy major's LNG portfolio. It matters as a signal of continued Chinese gas procurement despite weak spot market sentiment. Watch for pricing terms and whether the volumes are indexed to oil or Henry Hub.
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Named in this story
TotalEnergies, Jiangsu Guoxin Group, China