China's Sinopec signs agreement for 15-yr LNG deal with TotalEnergies

Reuters
2024-11-04

Nov 4 (Reuters) - China's state oil and gas major Sinopec Corp said on Monday it has signed Heads of Agreement to buy from TotalEnergies two million metric tons of liquefied natural gas a year for 15 yrs starting 2028.

The deal, signed in Shanghai at the China International Import Expo, is a step forward from a strategic alliance the companies agreed in May, Sinopec said in a statement.

(Reporting by Chen Aizhu, Editing by Louise Heavens)

((aizhu.chen@thomsonreuters.com; Reuters Messaging: aizhu.chen.reuters.com@reuters.net))

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