Total SA (TOT +2.3%) gains after Korea Gas says it will sign long-term contracts to buy a...

|By:, SA News Editor

Total SA (TOT +2.3%) gains after Korea Gas says it will sign long-term contracts to buy a combined total of 5.64M metric tons of liquefied natural gas a year from the company and Royal Dutch Shell (RDS.A +0.5%). The volume is equivalent to about 17% of South Korea's gas consumption last year, the South Korean commerce ministry said in a statement.