Total signs agreement with Kogas for LNG from Sabine Pass

9/13/2012

Total signs agreement with Kogas for LNG from Sabine Pass

BY NOEMIE BISSERBE

PARIS -- Total said it signed an agreement with Kogas for the purchase of 0.7 mmtpy of LNG from the Sabine Pass terminal in Louisiana. The LNG will be lifted following the startup of the Sabine Pass terminal's liquefaction train 3, which is scheduled for commissioning in 2017.

This agreement follows on from the recent acquisition by Kogas of an interest in the GLNG project in Australia and the execution of a sale and purchase agreement between Total and Kogas for 2 mmtpy of LNG.

Dow Jones Newswires

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