TotalEnergies signs 20 LNG cargoes contract with Santos for 2025, with a Suriname oil development investment alongside APA Corporation and Staatsolie Maatschappij Suriname.

TotalEnergies has signed a mid-term contract with Australia's Santos to supply 20 LNG cargoes, totaling up to 0.5 million tonnes annually, starting in Q4 2025. This agreement enhances Santos' LNG portfolio amid rising Asian demand. Additionally, TotalEnergies, APA Corporation, and Staatsolie Maatschappij Suriname announced a $10.5 billion investment for oil development in Block 58 offshore Suriname, with production expected by 2028.

October 02, 2024
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