Centrica and Tourmaline add 30,000 MMBtu a day from 2031

Centrica Energy and Tourmaline have agreed to expand their long-term natural gas purchase agreement, adding 30,000 MMBtu of natural gas a day from 2031 for a seven-year period.

The new volumes start in 2031 and run through 2038. Tourmaline will supply an additional 30,000 MMBtu of natural gas per day from 2031 through 2038. The release says those volumes are equivalent to approximately three LNG cargoes a year. The new gas, like the existing agreement, will be indexed to the Title Transfer Facility, the European gas hub benchmark.

The expansion builds on a November 2025 agreement. Under that agreement, Tourmaline agreed to supply Centrica Energy with 50,000 MMBtu of natural gas per day from 2028 over a ten-year period. The release says that original volume is equivalent to approximately five LNG cargoes a year. The release calls Tourmaline Canada's largest natural gas producer.

Both executives described the expansion as more supply. Cassim Mangerah, managing director of Centrica Energy, said: "Resilience in LNG comes from securing reliable supply, building strong long-term partnerships and maintaining flexibility as markets evolve." Mike Rose, chairman and chief executive of Tourmaline, said: "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."

The release does not state a price. It does not give a dollar value, a delivery point, or a start date more specific than 2031. It says the agreement supports Centrica Energy's plan to build a diversified LNG portfolio and to manage future price risk through long-term supply linked to gas benchmarks.

The release also describes both companies. It calls Centrica Energy the trading arm of Centrica plc, with more than 800 people across eight offices on three continents, and says it has over 19 GW of capacity under contract, more than 80 percent of it renewable. It calls Tourmaline an investment-grade producer with operations in the Western Canadian Sedimentary Basin.