Total , KOGAS cooperates on LNG value chain

Total has signed a MoU with Korea Gas Corporation (KOGAS) during the LNG 18 conference in Perth, Australia, to reinforce mutual cooperation to explore opportunities throughout the LNG value chain.

The main purpose of the agreement is to jointly identify and pursue opportunities to develop the LNG market in Asia and in new importing countries and to cooperate in LNG trading and terminal optimization.

Total is a global name in LNG, with solid and diversified positions along the entire value chain and LNG production of 10.2 MT in 2015. Total can directly supply customers around the world with natural gas and liquefied natural gas while maintaining the flexibility to adapt to demand and take advantage of market opportunities.

Total is active in most of the major LNG producing regions as well as in the main LNG markets. The Group has participations in LNG plants in Indonesia, Nigeria, Norway, Oman, Qatar, the United Arab Emirates, Yemen, Angola, Australia and Russia. Total has also secured the purchase of LNG from projects in the United States, and has long-term access to regasification capacity in key global LNG markets.

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