ENXTPA:TTEOil and Gas
TotalEnergies LNG Deal With Alaska Puts Asian Growth And Valuation In Focus
TotalEnergies (ENXTPA:TTE) has signed a preliminary 20 year LNG offtake agreement linked to the proposed Alaska LNG project.
The company plans to purchase 2 million tons of LNG per year, with volumes targeted for customers in Asian markets.
The arrangement is tied to a direct Pacific shipping route that aims to shorten transit times from Alaska to Asia.
TotalEnergies is already active across the LNG value chain. This new agreement would add a North American source to its mix if the project...