Centrica Energy and Tourmaline have agreed to expand their existing long-term natural gas purchase agreement, adding 30,000 MMBtu of natural gas per day from 2031 for a seven-year period.
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.
"Resilience in LNG comes from securing reliable supply, building strong long-term partnerships and maintaining flexibility as markets evolve.”
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.
Notes to Editors
The original agreement, announced in November 2025, covers 50,000 MMBtu of natural gas per day from 2028 for a ten-year period, equivalent to approximately five LNG cargoes annually.
About Centrica Energy
Centrica Energy is the energy trading and optimisation arm of Centrica plc, responsible for managing commodity risk and sourcing energy on behalf of Centrica Group’s energy supply activities.
Centrica Energy is a global energy trading company which helps move energy from source to use powering businesses, homes, and societies. Across 8 offices on three continents, and with 800+ passionate and highly skilled energy experts, they trade power, gas, liquified natural gas and green certificates, connecting energy producers, suppliers and offtakers in wholesale energy markets.
Centrica Energy is one of the largest renewable asset managers in Europe, with over 19 GW of capacity under contract, of which more than 80% is renewable assets.
About Tourmaline
Tourmaline is Canada's largest and most active natural gas producer dedicated to producing the lowest development-cost natural gas in North America. We are an investment grade exploration and production company providing strong and predictable operating and financial performance through the development of our three core areas in the Western Canadian Sedimentary Basin. With our existing large reserve base, decades-long drilling inventory, relentless focus on execution, cost management, safety and environmental performance improvement, we are excited to provide shareholders an excellent return on capital and an attractive source of income through our base dividend and surplus free cash flow distribution strategies.
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