TotalEnergies, South Korea's Hanwha ink 15-year LNG deal
Hanwha to use LNG at its 1-gigawatt gas-fired, combined-cycle power plant
![TotalEnergies, South Korea's Hanwha ink 15-year LNG deal](https://cdnuploads.aa.com.tr/uploads/Contents/2022/05/24/thumbs_b_c_8bd56f40564994ffd92b00972cf3ac08.jpg?v=150631)
ANKARA
French energy company TotalEnergies and South Korea's Hanwha Energy Corporation signed a 15-year sale and purchase agreement to supply liquefied natural gas (LNG), the company announced on Tuesday.
TotalEnergies will send 600,000 metric tons of LNG a year starting in 2024.
Hanwha will use the LNG, sourced from TotalEnergies’ global LNG portfolio at its 1 gigawatt gas-fired, combined-cycle power plant, which is currently under construction.
The LNG will be delivered to the Tongyeong regasification terminal in South Korea.
South Korea was the world's third-largest importer of LNG in 2021.