Total has signed long-term LNG sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LNG volumes increasing from 0.4 to 1 MT per year over a period of 15 years beginning 2020.
Total is active in most of the major LNG producing and in the main LNG markets and continues to develop its LNG business as a key component of its growth strategy. Total has secured the purchase of LNG from projects in the United States, and has long-term access to regasification capacity in key global LNG markets.
Through the expansion of its trading, marketing and logistics businesses and through the development of its LNG portfolio, Total is able to supply natural gas and LNG directly to its key customers worldwide while retaining flexibility to adapt to demand variations and to seize market opportunities.
Pertamina is Indonesia’s state-owned, integrated energy company. Its businesses include the exploration and production of oil and gas; refining, manufacturing and marketing of oil products and petrochemicals; and the development of biofuels, geothermal power and other sustainable alternative energy sources.