TTE - LNG Power Play: TotalEnergies Strikes 16-Year Deal with Sembcorp Fuels | Benzinga
TotalEnergies SE (NYSE:TTE) inked a sale and purchase agreement (SPA) with Sembcorp Fuels, a wholly owned subsidiary of Singapore-based Sembcorp Industries.
The deal entails delivering up to 0.8 million tons of liquefied natural gas (LNG) per annum (Mtpa) for sixteen years, starting in 2027.
The company stated that LNG will be sourced from ...