Total signs 10- year LNG deal with ENN

Total PA is to supply 500,000 metric tons of liquefied natural gas annually for 10 years to China’s privately- run ENN Group. The European oil major’s supply of the super- chilled natural gas will start in 2018 upon completion of ENN’s planned receiving facility near the eastern coastal city of Zhoushan. Beijing is freeing up the nation’s LNG trade as part of broad reforms that allow private companies to invest in oil and gas exploration as well as pipelines and tank farms, and to engage in importing and exporting.