The deal is expected to further bolster TotalEnergies’ foothold in China’s energy market. — China Daily
BEIJING: China Petroleum and Chemical Corp (Sinopec) has signed a 15-year deal with TotalEnergies for two million tonnes of liquefied natural gas (LNG) annually from 2028, which is expected to further bolster TotalEnergies’ foothold in China’s energy market and advance the country’s clean energy goals, according to industry experts.
Sinopec signed the LNG sales agreement with TotalEnergies on Monday, under which TotalEnergies will supply approximately two million tonnes of LNG per year to Sinopec for 15 years starting in 2028.
