LNG Buyers Prioritising Supply Security Over Price, Totalenergies Executive Says
01.28.2026 By Tank Terminals - NEWS

January 28, 2026 [Reuters]- Global instability is pushing buyers of liquefied natural gas to prioritise energy security over other considerations, such as pricing, an executive at French oil major TotalEnergies said at the India Energy Week conference on Wednesday.

 

“In the world we live in security of supply is coming back to the top of the agenda … the customer wants the energy to be delivered,” said Ronan Bescond, Total’s vice president of long-term marketing and origination for gas and power.

He added that buyers were more likely to sign contracts with companies like TotalEnergies, which have access to a global portfolio of LNG they can draw on to redirect cargoes when necessary to avoid local blockages.

“We are going, in this industry and in this world, from one crisis to another one: Ukraine invasion, COVID, the Panama draft which blocked (certain sized ships from transiting through) the canal … and customers see the portfolio player as someone that will deliver the molecule no matter what,” Bescond said.

 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +10,100 tank terminals and +6,200 production facilities worldwide.

 

Access data. Decide better. See how.

Mugardos Energy Terminal Offers bioLNG
02.06.2026 - NEWS
February 06, 2026 [LNG Industry]- The Mugardos Energy Terminal, located in Spain and owned by the... Read More
Independent Feasibility Study for SAF Refinery Completed for Fathopes Energy
02.06.2026 - NEWS
February 06, 2026 [Biofuels International]- FatHopes Energy has announced the completion of the f... Read More
Cheniere Submits Application to Build Massive LNG Plant in Texas
02.06.2026 - NEWS
February 06, 2026 [Reuters]- Cheniere Energy, the largest liquefied natural gas exporter in the U... Read More
ConocoPhillips Targets $1 Billion Cost Cuts in 2026, Profit Misses on Weaker Oil Prices
02.06.2026 - NEWS
February 06, 2026 [Reuters]- ConocoPhillips said on Thursday it aims to cut capital and operating... Read More