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The company revealed the new deals in its third-quarter results report.
Under the deal with Centrica Energy, the energy trading and optimization arm
of UK-based Centrica, Tourmaline will deliver 50,000 MMBtu/d of natural gas, equivalent to five LNG cargoes per year
Tournaline noted that Centrica Energy has LNG trading operations in the UK and Singapore, enabling it to serve energy demands across all major time zones and key global markets.
The agreement will commence in April 2028 for a 10-year term and is indexed to the TTF price less associated deductions, the firm said.
Moreover, Tourmaline has executed a short-term LNG netback supply agreement with EDF Trading North America, a marketer of natural gas and power in the US.
Under the terms of the agreement, Tourmaline will supply 50,000 MMBtu/d of natural gas to the US Gulf Coast over a 19-month period beginning April 2027, while pricing will be indexed to TTF, providing Tourmaline with international market exposure, net of associated deductions.
Tourmaline has also entered into a short-term LNG netback supply agreement with
Hartree Partners, a global merchant commodities firm specializing in energy and associated industries.
Under this deal, Tourmaline will supply 30,000 MMBtu/d for a one-year term starting April 2026 and will receive a TTF price less associated deductions.
Tourmaline noted it will have an average of 213,000 MMBtu/d exposed to international pricing (TTF/JKM) in 2026.
In addition, this will grow to 253,000 MMBtu/d by exit 2027 and 333,000 mmbtu/d by exit 2028.
Earlier this year, the firm entered into a long-term LNG feed gas supply agreement with German energy firm Uniper.
Under the deal, Tourmaline will supply 80,000 mmbtu per day of natural gas in the US Gulf Coast for an eight-year term beginning November 2028.
