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.

Japan refinery runs climb to over 70% on alternative supply, stockpile releases
05.15.2026 - NEWS
May 12, 2026 [ Reuters ]- Japanese refineries increased their oil ​processing to over 70% of t... Read More
Mexico to invest US $8B to expand natural gas pipeline network
05.15.2026 - NEWS
May 8, 2026 [ Mexiconewsdaily ]- Mexico this week announced a plan to expand its natural gas di... Read More
The world lost nearly 1 billion barrels in oil supply over the past 75 days. Why investors aren’t worrying enough.
05.15.2026 - NEWS
May 13, 2026 [ Marketwatch ]- The oil market is likely to shift to a supply deficit from last y... Read More
Ottawa and Alberta Push New 1 Million Bpd Oil Pipeline
05.15.2026 - NEWS
May 15, 2026 [Oil Price]- Canada may finally be doing the thing everyone has been yelling about f... Read More