AsiaContracts and Tenders

Total inks 5-year LNG supply deal with India’s ArcelorMittal Nippon Steel

By LNG Prime Staff
Total inks 5 -year LNG supply deal with India's ArcelorMittal Nippon Steel
Dahej LNG terminal (Image: Petronet LNG)

French energy giant Total will supply LNG to India’s ArcelorMittal Nippon Steel as part of a five-year deal revealed on Thursday.

Under the deal, Total said in a statement it would deliver up to 500,000 tons of LNG per year from its global portfolio until 2026.

In addition, ArcelorMittal Nippon Steel will receive the fuel at Petronet LNG’s Dahej terminal or Shell’s Hazira facility on the West Coast of India.

AMNS India, a joint venture consisting of ArcelorMittal and Nippon Steel, will use the fuel to run its steel and power plants located in Hazira, Gujarat state.

Thomas Maurisse, senior vice president LNG at Total, said the new agreement would cater to the “growing industrial LNG demand in India, a country that aims to more than double the share of natural gas in its energy mix by 2030 compared to today.”

“The supply of LNG will contribute to the reduction of AMNS’s carbon emissions, in line with Total’s ambition to offer its customers energy products that emit less CO2 and to support them in their own low-carbon strategies,” he said.

Most Popular

Vessels

South Korea’s Samsung Heavy clinches another LNG carrier order

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build another liquefied natural gas (LNG) carrier for approximately $252 million.
LNG Terminals

Glenfarne expects Alaska LNG project to cost up to $54.5 billion

US energy firm Glenfarne expects both phases of the Alaska LNG project to cost up to $54.5 billion.
Corporate

Sempra Infrastructure appoints new CEO

US LNG exporter Sempra Infrastructure, a unit of Sempra, has named Bhavesh “Bob” Patel as incoming chief executive officer. He will assume this role upon the closing of a KKR-led consortium’s previously announced acquisition of a majority ownership interest in the company.

More News Like This

Contracts and Tenders

Russia’s Novatek to buy Arctic LNG 2 stake from TotalEnergies

A unit of Russian LNG exporter Novatek has received Russian approval to buy a 10 percent stake in the Arctic LNG 2 project from French energy giant TotalEnergies, according to a presidential decree.
Corporate

TotalEnergies raises CEO age limit

TotalEnergies shareholders have voted to approve raising the age limits for the chairman and chief executive officer roles, opening the door for CEO Patrick Pouyanne to remain at the helm of the French energy giant and LNG player beyond 2030.
LNG Terminals

TotalEnergies CEO says Mozambique LNG project 42 percent complete

The TotalEnergies-led Mozambique LNG project is 42 percent complete with more than 6,000 people working on the project in the Cabo Delgado province, according to TotalEnergies CEO Patrick Pouyanne.
LNG Terminals

TotalEnergies CEO says Papua LNG making progress towards FID

France's TotalEnergies and its partners in the Papua LNG export project in Papua New Guinea are making progress towards a final investment decision which is expected in the second half of this year, according to TotalEnergies CEO Patrick Pouyanne.