TotalEnergies has agreed to a preliminary framework to purchase 2 million tons per year of liquefied natural gas from the Alaska LNG project under a 20-year supply agreement. The long-term commitment represents a significant expansion of the French energy company's gas portfolio and underscores ongoing investment in North American LNG infrastructure to meet international demand.
The agreement positions TotalEnergies to strengthen its presence in the global LNG market, particularly in serving Asian customers seeking reliable energy supplies. The company's LNG export volumes have grown substantially, with 19 million tons shipped from U.S. facilities in 2025, establishing it as a major player in the American liquefied natural gas sector.
The preliminary agreement is subject to final investment decisions and regulatory approvals. The Alaska LNG project aims to develop natural gas resources in the state, with export capacity designed to address growing energy consumption in the Asia-Pacific region. The transaction reflects broader industry trends toward long-term supply contracts and the strategic importance of diversified LNG sources for major energy companies.