TotalEnergies to Supply 900,000 Tons of LNG a Year to Jiangsu Guoxin for 15 Years

TotalEnergies signed a heads of agreement with Jiangsu Guoxin Group to deliver 900,000 tons of LNG per year for 15 years, with supply set to start in 2028 subject to finalization of the SPAs. Business Wire reported the agreement on November 4, 2026.

How the Jiangsu Guoxin Supply Deal Works

The volumes will be delivered to Jiangsu Guoxin Group's new LNG terminal in Rudong, where they will support city gas supply and flexible power generation. Jiangsu is China's second-largest province by both GDP and natural gas consumption volume, and the agreement is intended to help secure energy supply and meet peak demand across the province.

TotalEnergies describes itself as the world's third-largest LNG player, with a global portfolio of 44 million tonnes in 2025 through interests in liquefaction plants in all geographies. The company holds access to more than 20 Mtpa of regasification capacity in Europe and aims to raise the share of natural gas in its sales mix to close to 50% by 2030.

Gregory Joffroy, Senior Vice President, LNG at TotalEnergies, said: "We are very pleased to have entered into this long-term agreement with Jiangsu Guoxin Group, which reflects the strength of our integrated LNG model and our ability to build enduring partnerships with leading local Chinese counterparties." Joffroy added that the company's ability to keep delivering LNG despite major disruptions this year shows the resilience of its integrated global portfolio.

Zhang Wenxiang, Deputy General Manager of Jiangsu Guoxin Group, said: "We are very pleased to partner with TotalEnergies, a leading global LNG supplier." Zhang said the agreement will strengthen the group's gas supply security and improve the operational efficiency of its infrastructure.

TotalEnergies' Gas Position in Abu Dhabi

According to akta.pro company records, TotalEnergies acquired a 10% participating interest in the Bab Gas Cap Concession in Abu Dhabi in June 2026, joining a consortium led by ADNOC with 60% alongside bp at 10%, CNPC at 8%, JODCO/INPEX at 5%, ZhenHua at 4% and GS Energy at 3%. The concession targets 1.5 billion cubic feet of gas per day from the Bab onshore field.

LNG Agreements Preceding the China Deal

On November 3, 2026, ADNOC Gas signed a five-year LNG supply agreement with TotalEnergies for up to 1.6 million tonnes, The future of trading reported, with the deal expected to be significantly increased after integration of the Ruwas LNG project. That same day, Energyintel reported that TotalEnergies will not participate in the development of Abu Dhabi's first major unconventional gas project, according to multiple industry sources.

When the Rudong Deliveries Begin

Deliveries under the Jiangsu Guoxin agreement are set to start in 2028 and run for 15 years, subject to the finalization of the SPAs.