QatarEnergy signs 27-year LNG supply deal with TotalEnergies

Affiliates of QatarEnergy and TotalEnergies signed two long-term LNG agreements under which QatarEnergy will supply of up to 3.5 million tonnes/year (tpy) of LNG from Qatar to France.

LNG will be delivered ex-ship to the Elengy subsidiary Fosmax LNG-operated Fos Cavaou LNG receiving terminal in southern France on the Mediterranean coast in the heart of the Marseilles-Fos Port, with deliveries expected to start in 2026 for a term of 27 years.

LNG volumes will be sourced from the two joint ventures between QatarEnergy and TotalEnergies that hold interests in Qatar’s North Field East (NFE) and North field South (NFS) projects.

TotalEnergies’ partnership in the North Field LNG expansion projects is made up of a 6.25% share in the NFE project and a 9.375% share in the NFS project (OGJ Online, June 13, 2022; Sept. 26. 2022).