Total eyes growing Asia and China energy market
Total has paid $750 million for a 20% stake in Australia's large Gladstone LNG (GLNG) project, in a bid to meet growing Asian demand for energy, while also strengthening its foothold in the industry.
Yves-Louis Darricarrère, president of exploration & production at Total, says in a company statement that the entry into the major project will give the group "further access to the Asian market, [which is] the fastest growing market for gas demand, and in particular LNG, offering high-value prices
More on Gas/LNG
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
Natural gas/LNG house of the year: ENGIE
Energy Risk Awards 2025: Energy firm signs a string of innovative deals in established and fledgling gas markets
Natural gas/LNG house of the year: ENGIE
ENGIE continues to expand its services to better serve firms in Apac dealing with the challenges of energy risk management and supply
Market shrugs off EC’s plan to change gas benchmark
Dutch TTF prices unmoved, as market participants say they are “not taking it seriously”
Natural gas/LNG house of the year: Engie
Energy Risk Awards 2021: In a volatile market Engie continued to grow its gas and asset management businesses
Dynamic gas models make for better hedges
Study highlights dwindling role of weather in market
Short term, LNG view
Excitement over fast-growing LNG markets shouldn't blind us to the potential risks
