Trending: TotalEnergies Booked Capacity at New Floating LNG Terminal in Germany
January 13 2023 - 10:22AM
Dow Jones News
TotalEnergies SE is among the most mentioned companies across
news items in Europe over the past 12 hours, according to Factiva
data, after the French major said it booked capacity at a new
floating liquefied-natural-gas terminal in Lubmin, Germany. The
oil-and-gas company said the terminal start-up, which will take
place on Saturday, will allow it to increase its imports to Europe
to over 20 metric tonnes a year, or about 15% of the continent's
regasification capacity. It also said that it booked regasification
capacity of 2.6 billion cubic meters of gas per year after terminal
operator Deutsche ReGas' open season procedure in October. At the
end of last year, TotalEnergies provided a floating storage and
regasification unit to Deutsche ReGas with an annual regasification
capacity of 5 billion cubic meters of gas, enough to cover about 5%
of German demand. Dow Jones & Co. owns Factiva.
(giulia.petroni@wsj.com)
(END) Dow Jones Newswires
January 13, 2023 11:07 ET (16:07 GMT)
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