{"id":297682,"date":"2025-09-12T11:20:29","date_gmt":"2025-09-12T15:20:29","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/totalenergies-and-kogas-close-lng-supply-contract-for-a-decade\/"},"modified":"2025-09-12T14:05:33","modified_gmt":"2025-09-12T18:05:33","slug":"totalenergies-and-kogas-close-lng-supply-contract-for-a-decade","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/totalenergies-and-kogas-close-lng-supply-contract-for-a-decade\/","title":{"rendered":"TotalEnergies and KOGAS close LNG supply contract for a decade"},"content":{"rendered":"\n<p>Starting in late 2027, TotalEnergies <strong>will begin supplying one million metric tons of <a href=\"https:\/\/inspenet.com\/en\/articulo\/how-is-gas-made-formation-process\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/articulo\/como-se-produce-el-gas-proceso-de-formacion\/\" rel=\"noreferrer noopener\">liquefied natural gas<\/a><\/strong> (LNG) per year to South Korea&#8217;s KOGAS. This agreement will run for a decade and is the result of an international tender awarded by the Asian company. <\/p>\n\n<p>This new understanding will bring the total supply volume to 3 million tons per year from 2028 onwards, further consolidating the presence of <strong><a href=\"https:\/\/inspenet.com\/video-tv\/descubrimientos-de-gas-alianza-estrategica\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/video-tv\/descubrimientos-de-gas-alianza-estrategica\/\" rel=\"noreferrer noopener\">TotalEnergies&#8217; presence in Asia<\/a><\/strong>a key region for its global LNG portfolio expansion strategy.<\/p>\n\n<h2 class=\"wp-block-heading\">LNG supply agreement between the two companies<\/h2>\n\n<p>Some of the gas will come from TotalEnergies <strong><a href=\"https:\/\/inspenet.com\/en\/news\/totalenergies-to-invest-in-rio-grande-lng-train-4\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/noticias\/totalenergies-invierte-tren-4-rio-grande-lng\/\" rel=\"noreferrer noopener\">TotalEnergies&#8217; operations in the United States, a strategic<\/a><\/strong>s, a strategic region within its global production and export network.<\/p>\n\n<p>Patrick Pouyann\u00e9, President and CEO of TotalEnergies, noted that the agreement allows them to secure long-term sales outlets in Asia, including <strong><a href=\"https:\/\/www.linkedin.com\/posts\/totalenergies_asia-lng-activity-7371233756956827648-lWBs?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAEKYikgBjygh5GpRtttit6tTS7TQvMcSdSs\" data-type=\"link\" data-id=\"https:\/\/www.linkedin.com\/posts\/totalenergies_asia-lng-activity-7371233756956827648-lWBs?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAEKYikgBjygh5GpRtttit6tTS7TQvMcSdSs\" rel=\"nofollow noopener\" target=\"_blank\">to secure long-term sales points in Asia, aligned<\/a><\/strong>in line with the sustained growth of its LNG production.  <\/p>\n\n<p>For her part, Yeonhye Choi, CEO of KOGAS, stressed the importance of the contract to diversify sources and maintain a stable flow of energy for Korean industries and households.<\/p>\n\n<h2 class=\"wp-block-heading\">Commitment to competitive and sustainable gas<\/h2>\n\n<p>TotalEnergies <strong>aims to increase the share of natural gas in its portfolio<\/strong> to 50% by 2030. In line with this commitment, the company is moving towards a low-carbon gas value chain. <strong><a href=\"https:\/\/inspenet.com\/en\/news\/kier-boosts-co%e2%82%82-capture-with-chemical-combustion-in-a-loop\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/noticias\/planta-de-captura-de-dioxido-de-carbono\/\" rel=\"noreferrer noopener\">value chain with low carbon emissions and methane elimination.<\/a><\/strong> and methane elimination. <\/p>\n\n<p>KOGAS, for its part, sees this agreement as a way to strengthen its energy resilience in an increasingly dynamic global context, while promoting sustainability initiatives in its supply chain.<\/p>\n\n<p>The alliance between the two companies reflects a growing trend towards long-term contracts in the LNG market, at a time when energy security and supply competitiveness are priorities for Asian economies.<\/p>\n\n<p><strong>Source and photo: <a href=\"https:\/\/totalenergies.com\/news\/press-releases\/south-korea-totalenergies-supply-1-million-tons-year-lng-kogas-10-years\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/totalenergies.com\/news\/press-releases\/south-korea-totalenergies-supply-1-million-tons-year-lng-kogas-10-years\" rel=\"noreferrer noopener\">TotalEnergies<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea is the world&#8217;s largest importer of LNG and will receive 3 million tons per year from 2028.<\/p>\n","protected":false},"author":9014,"featured_media":297632,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13044],"etiqueta_noticias":[],"class_list":["post-297682","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-new-energies"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/297682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=297682"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/297682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/297632"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=297682"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=297682"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=297682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}