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China Petrochemical News Network reported on May 21, according to Natural Gas News, Total and ArcelorMittal Nippon Steel Corporation (AMNS) have signed an agreement to supply 500,000 tons of liquefied natural gas each year by 2026.
The LNG will come from Total’s global portfolio and be offloaded at the Dahej or Hazira LNG terminal on the west coast of India.
Thomas Maurisse, Senior Vice President of Total LNG, said: "We are very pleased to work with AMNS and provide supply for India’s growing industrial LNG demand.
The agreement strengthens Total's relationship with AMNS and contributes to the decarbonization of the Indian steel industry, which is still heavily dependent on coal.
Total is the world's second-largest privately-owned LNG company.
Zhu Jiani excerpted from natural gas information
The original text is as follows:
Total to supply LNG to ArcelorMittal Nippon Steel
Total and ArcelorMittal Nippon Steel (AMNS) have signed an agreement for the supply of up to 500 000 tpy of LNG until 2026.
The LNG will be sourced from Total's global portfolio and offloaded either in Dahej or Hazira LNG Terminal, on the West Coast of India.
“We are pleased to partner with AMNS and to supply 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,” said Thomas Maurisse, Senior Vice President LNG at Total.
This agreement strengthens Total's relationship with AMNS and contributes to the decarbonisation of India's steel industry, which still relies heavily on coal.
Total is the world's second largest privately owned LNG player, with a global portfolio of nearly 50 million tpy by 2025 and a global market share of around 10%.