Total, KOGAS Sign MoU to Reinforce Cooperation on LNG

Total S.A. announced Wednesday that it has signed a memorandum of understanding (MoU) with Korea Gas Corporation (KOGAS) during the LNG 18 conference in Perth, Australia, to reinforce mutual cooperation to explore opportunities throughout the liquefied natural gas (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. 
 
“We are delighted to extend our long-standing cooperation with KOGAS, the world’s largest LNG buyer and regasification terminal operator, along the entire LNG value chain. Our combined expertise will contribute to the generation of successful business opportunities in various LNG and gas sectors” commented Laurent Vivier, President Gas.

Total, A World Leader in LNG

Total is a world leader in LNG, with solid and diversified positions along the entire value chain and LNG production of 10.2 million tons in 2015. Thanks to the development of our trading, marketing and logistics businesses as well as our LNG contract portfolio, 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 and continues to develop its LNG business as a key component of its growth strategy. 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.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
US El Reno, OK: Associate Mechanic Technician - Mechanic Technician II
Expertise: Mechanical Technician
Location: El Reno, OK
 
US El Reno, OK: Associate Mechanic Technician - Mechanic Technician II
Expertise: Mechanical Technician
Location: El Reno, OK
 
United States Houston: Entry Level Downhole Mechanical Technician
Expertise: Mechanical Technician
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $45.89/BBL 3.69%
Light Crude Oil : $44.48/BBL 3.97%
Natural Gas : $2.96/MMBtu 1.00%
Updated in last 24 hours