Published 09/24/2024 6:38:00 a.m.

South Korea: TotalEnergies Will Supply 200,000 Tons Per Year of LNG to HD Hyundai Chemical until 2033

Summary by stocktitan.net

TotalEnergies secures 7-year LNG deal with HD Hyundai Chemical, boosting its position in South Korea. Learn how this agreement aligns with the company's strategy and impacts the global LNG market.

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stocktitan.net

South Korea: TotalEnergies Will Supply 200,000 Tons Per Year of LNG to HD Hyundai Chemical until 2033

TotalEnergies secures 7-year LNG deal with HD Hyundai Chemical, boosting its position in South Korea. Learn how this agreement aligns with the company's strategy and impacts the global LNG market.

09/24/2024 6:38:00 a.m.

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Energy Live News

TotalEnergies signs LNG deal with Hyundai Chemical

TotalEnergies has signed a sales agreement with HD Hyundai Chemical to deliver 200,000 tons of liquefied natural gas (LNG) per year for seven years, starting in 2027. The agreement is expected to strengthen TotalEnergies’ position in South Korea, the world’s third-largest LNG importer. LNG, which is considered a transition energy source in Asia, is used to balance renewable energy fluctuations and reduce emissions when replacing coal in electr…

09/24/2024 7:17:51 a.m.

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