TotalEnergies stock secures five-year LNG deal with ADNOC Gas

TotalEnergies and ADNOC Gas announced a five-year liquefied natural gas supply agreement on Tuesday, November 3, 2026. Under the deal, ADNOC Gas will supply up to 1.6 million tonnes of LNG, with the first deliveries expected in 2026. The details come from the TotalEnergies press release.

Long-term LNG supply secured

Stéphane Michel, TotalEnergies' President for Gas, Renewables & Power, described the agreement as another step in the companies' long-standing partnership. He said the location between Europe and Asia would help TotalEnergies reinforce its position among the leading LNG portfolio suppliers.

The agreement adds a long-term supply arrangement to TotalEnergies' integrated LNG activities, which cover production, transportation, regasification, trading and bunkering. The company said its global LNG portfolio reached 44 million tonnes in 2025 and that it aims to raise the share of natural gas in its sales mix to close to 50% by 2030.

For ADNOC Gas, the arrangement extends its role as a supplier to TotalEnergies. The Abu Dhabi-based company said it supplies about 60% of the United Arab Emirates' sales gas needs and serves customers in more than 20 countries. TotalEnergies said the agreement should support growth, supply resilience and long-term partnerships.

Share trades below prior Xetra close

TotalEnergies stock traded at EUR 79.25 on Lang & Schwarz at 11:01 CET on Friday, November 6, 2026, 1.92 percent below the Xetra close of EUR 80.80 on Thursday, November 5. The movement is a market observation and is not attributed here to the LNG agreement.

The agreement is subject to the commercial and operational execution required for future deliveries. For investors, the announcement adds contracted LNG volume to the company's existing portfolio, while the broader investment case remains exposed to gas prices, project execution, regulation and the energy transition.

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Further updates are available in more news and analyses on TotalEnergies stock.