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24.05.2022 15:12 News >> Totalenergies, South Korea's Hanwha Ink 15-Year LNG Deal
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Totalenergies, South Korea's Hanwha Ink 15-Year LNG Deal
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Hanwha to use LNG at its 1 gigawatt gas fired, combined cycle power plant.
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French energy company TotalEnergies and South Korea's Hanwha Energy Corporation signed a 15-year sale and purchase agreement to supply liquefied natural gas (LNG), the company announced on Tuesday. TotalEnergies will send 600,000 metric tons of LNG a year starting in 2024. Hanwha will use the LNG, sourced from TotalEnergies' global LNG portfolio at its 1 gigawatt gas-fired, combined-cycle power plant, which is currently under construction. The LNG will be delivered to the Tongyeong regasification terminal in South Korea. South Korea was the world's third-largest importer of LNG in 2021. -
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