Total acquires Engie’s upstream LNG assets

Thanks to this acquisition, Total becomes the 2nd largest global LNG player, with a 10% market share, steps up its strategy to integrate along the gas value chain.
2018: Total acquires Engie’s upstream LNG assets
 
Total becomes the 2nd-largest global LNG player
With a 10% market share
 
Total steps up its strategy to integrate along the gas value chain
 
Today, this acquisition represents for Total
 
A 16.6% stake in Cameron LNG 
 
18 LNG carriers
 
Expanded regasification capacities - 18 MTPA in Europe
 
Greater flexibility, increased agility
To seize market opportunities
 
In 2020
This acquisition will represent for Total
 
Increased liquefaction capacities - 23 MTPA
 
Diversified supply
Algeria, Angola, Australia, Egypt, Indonesia, Nigeria, Norway, Oman, Qatar, Russia, United Arab Emirates, United States
 
Europe, Asia
Well-balanced end markets
 
After combining these two portfolios,
 
Total will manage nearly 40 MTPA of LNG
 
Helping the Group achieve its ambition:
Supply energy that’s
More affordable
More reliable
Cleaner

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