• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, June 1, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
Home Business Extractives/Energy

TotalEnergies Signs LNG Supply Deal with ENADOM 

April 15, 2025
in Extractives/Energy
Reading Time: 5 mins read
0

French energy giant TotalEnergies has signed a Heads of Agreement (HoA) with Energia Natural Dominicana (ENADOM) – a joint venture between AES Dominicana and Energas – for the long-term supply of 400,000 tons of liquefied natural gas (LNG) annually to the Dominican Republic.  

The landmark agreement, which is subject to the finalization of Sale and Purchase Agreements (SPAs), is set to begin in mid-2027 and will run for 15 years, with pricing indexed to Henry Hub, the U.S. natural gas benchmark. 

Expressing enthusiasm about the partnership, Gregory Joffroy, Senior Vice President of LNG at TotalEnergies said, “We are pleased to have signed this agreement to answer, alongside AES and its partners, the energy needs of the Dominican Republic.” 

RelatedPosts

Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

The deal marks a strategic step forward in the Dominican Republic’s plan to transition away from coal and fuel oil-based electricity, toward a cleaner and more sustainable energy matrix powered by natural gas. 

The LNG supplied by TotalEnergies will feed into a 470 MW combined-cycle power plant currently under construction in the Dominican Republic.  

LNG imports
LNG imports

Once operational, the plant is expected to significantly enhance the nation’s power generation capacity, improving grid reliability and lowering carbon emissions. 

“This new contract underscores TotalEnergies’ leadership in the LNG sector and our commitment to supporting the island’s energy transition. It will be a natural outlet for our U.S. LNG supply which will progressively increase.” 

Gregory Joffroy, Senior Vice President of LNG at TotalEnergies

The move aligns with TotalEnergies’ broader global strategy to increase the share of natural gas in its energy portfolio – a key pillar of its low-carbon transition goals. 

“TotalEnergies is not only investing in gas supply infrastructure, but also working to eliminate methane emissions from the gas value chain and to help partners like ENADOM shift from coal to natural gas.” 

Gregory Joffroy, Senior Vice President of LNG at TotalEnergies

TotalEnergies to Strengthen the Dominican Energy Matrix 

ENADOM
ENADOM

For ENADOM, the agreement further solidifies its role as a cornerstone of the Dominican Republic’s evolving energy landscape.  

By securing long-term, competitively priced LNG from a global leader, ENADOM can guarantee fuel supply to the electricity sector with improved cost-efficiency and lower emissions. 

Similarly, Edwin De los Santos, Chief Executive Officer of ENADOM, emphasized the importance of the agreement, remarking, “This agreement with TotalEnergies is the result of the confidence placed in the Dominican Republic’s energy sector and, specifically, in ENADOM and AES.” 

The Dominican Republic, like many Caribbean nations, is vulnerable to the volatility of global oil markets and has historically relied on expensive and carbon-intensive fuels.  

This agreement is a significant milestone in shifting toward a more diversified and resilient energy system. 

“This partnership demonstrates our capability in providing reliable, competitive, and environmentally responsible energy to the Dominican electricity market.

“ENADOM is proud to play a pivotal role in the expansion and strengthening of the nation’s energy matrix.” 

Edwin De los Santos, Chief Executive Officer of ENADOM
ENADOM LNG

With this agreement, TotalEnergies continues to expand its global LNG footprint. The company is currently the world’s third-largest LNG player, boasting a portfolio of 40 million tons per year (Mt/y) as of 2024.  

It holds stakes in liquefaction plants across several continents and maintains more than 20 Mt/y of regasification capacity in Europe.  

TotalEnergies’ integrated approach across the LNG value chain – from production and transportation to trading and bunkering – provides the flexibility needed to meet regional energy demands while also responding to the urgency of climate goals. 

By 2030, TotalEnergies aims to make natural gas account for nearly 50% of its energy sales mix, underscoring its commitment to the energy transition and the reduction of its overall carbon footprint. 

The ENADOM-TotalEnergies deal arrives at a time when Latin America and the Caribbean are seeking long-term solutions to stabilize energy costs, improve reliability, and reduce environmental impact.  

With LNG supplies set to begin in mid-2027, stakeholders anticipate a strong shift toward cleaner energy solutions, ensuring long-term economic growth, energy security, and environmental sustainability for the region. 

READ ALSO: GoldBod’s Takeover to Cut Off Galamsey Supply Chain 

Tags: AES DominicanaDominican Republic energyENADOMglobal LNG marketLNG supplyTotalEnergies
Share1Tweet1ShareSendSend
Previous Post

Suspect in Ghana’s US$1.5M Diplomatic Property Sale in Nigeria Arrested

Next Post

Flooding Worsens DRC’s Double Displacement Crisis

Related Posts

LMWG Calls on President to Intervene in Adamus Mining Dispute

Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance

by Prince Agyapong
June 1, 2025
0

Ing. Wisdom Edem Gomashie, renowned mining consultant has urged the government to strengthen and restructure District Mining Committees (DMCs) to improve the governance of Ghana’s artisanal and small-scale mining (ASM) sector. Speaking on the future of...

Hon. Seidu Issifu Unveils Ghana’s Ambitious Transition to Circular Economy 

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

by Prince Agyapong
May 31, 2025
0

Minister Seidu Issifu announces plans to launch a Climate and Sustainability Hub in Ghana

Fuel Prices

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

by Prince Agyapong
May 30, 2025
0

The Africa Sustainable Energy Centre projects a 5-9% reduction in Ghana’s fuel prices, citing a stronger cedi and falling global oil prices.

Mining Investments

Chamber of Mines Calls for Transparency, Reports $11.9B Mineral Exports in 2024 

by Prince Agyapong
May 30, 2025
0

At its 97th AGM, the Ghana Chamber of Mines urged government transparency and policy consistency while revealing a 19.3% surge in gold

President Bola Ahmed Tinubu

Nigeria Targets Investment Revival with New Oil and Gas Incentive Order 

by Prince Agyapong
May 30, 2025
0

Nigeria’s Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) aims to attract new investment

Please login to join discussion

Recent News

  • Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance
  • CDD-Ghana Fellow Questions Relevance of New Fiscal Council
  • Rihanna’s Father Passes Away
  • Poland Votes In Presidential Run-off
  • Mahama Reaffirms Commitment to Ahafo Region, Outlines Bold Development Agenda
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.