TotalEnergies SE (NYSE:TTE) shares are trading higher premarket on Wednesday. The company inked a mid-term LNG supply contract with Santos to supply 20 LNG cargoes, or up to 0.5 million tonnes annually, over three years plus one quarter.
Starting in the fourth quarter of 2025, the LNG will be sourced from Santos’ global portfolio and delivered ex-ship.
Santos Managing Director and Chief Executive Officer Kevin Gallagher said, ”This oil indexed contract, along with the recently executed long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, ...
