TotalEnergies To Buy LNG From ADNOC In $1B Deal ...Middle East

OILPRICE - Economy
TotalEnergies To Buy LNG From ADNOC In $1B Deal
source : OILPRICE ( Middle East ) () 67
ADNOC Gas Plc, a listed subsidiary of Abu Dhabi National Oil Co, has reached an agreement with France’s TotalEnergies SE (NYSE:TTE) to supply the latter with liquefied natural gas (LNG) in a $1B deal, Bloomberg has reported. The deal is one of the latest by a European gas buyer as Europe once again scrambles to fill its gas stores ahead of the next winter season. Last year, Europe managed to fill its gas stores well ahead of winter and has seen storage levels remain above historical levels thanks to mild weather, with higher temperatures…

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