The additional tranche builds on the long-term agreement announced in November 2025, under which Tourmaline, Canada's largest natural gas producer, agreed to supply Centrica Energy with 50,000 MMBtu of natural gas per day from 2028 over a ten-year period.
Under the expanded agreement, Tourmaline will supply an additional 30,000 MMBtu of natural gas per day from 2031 through 2038. The new volumes are equivalent to approximately three LNG cargoes per year and, consistent with the existing agreement, will also be indexed to the Title Transfer Facility (TTF), the European gas hub benchmark.
The agreement supports Centrica Energy's strategy of building a diversified and resilient LNG portfolio while managing future market price risk through long-term supply arrangements linked to key global gas benchmarks.
Cassim Mangerah, Managing Director of Centrica Energy
"Resilience in LNG comes from securing reliable supply, building strong long-term partnerships and maintaining flexibility as markets evolve. Expanding our agreement with Tourmaline strengthens our future supply position and is another important step in building a diversified and flexible LNG portfolio." said Cassim Mangerah, Managing Director of Centrica Energy.
"Tourmaline is pleased to build on our relationship with Centrica through this expanded agreement. The additional volumes further our strategy of diversifying our markets and reflect our commitment to being a dependable supplier of Canadian natural gas to customers around the world." said Mike Rose, Chairman and Chief Executive Officer of Tourmaline.
Centrica Energy's LNG trading teams in London and Singapore provide round-the-clock access to global LNG and gas markets, connecting supply sources with customer demand across multiple regions.