India: Total Signs 5-year LNG Supply Agreement with ArcelorMittal Nippon Steel

Total and ArcelorMittal Nippon Steel  (AMNS) have signed an agreement for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026. 

The LNG will be sourced from Total’s global portfolio and offloaded either in Dahej or Hazira LNG Terminal, on the West Coast of India. AMNS will use the LNG to run its steel and power plants located in Hazira, Gujarat state. 

“We are pleased to partner with AMNS and to supply the growing industrial LNG demand in India, a country that aims to more than double the share of natural gas in its energy mix by 2030 compared to today,” said Thomas Maurisse, Senior Vice President LNG at Total. “The supply of LNG will contribute to the reduction of AMNS’s carbon emissions, in line with Total’s ambition to offer its customers energy products that emit less CO2 and to support them in their own low-carbon strategies.”

This agreement strengthens Total’s relationship with AMNS and contributes to the decarbonization of India’s steel industry, which still rely heavily on coal. 

Total, Second Largest Private Global LNG Player

Total is the world’s second largest privately owned LNG player, with a global portfolio of nearly 50 Mt/y by 2025 and a global market share of around 10%. Thanks to its interests in liquefaction plants in Angola, Australia, Egypt, the United Arab Emirates, the United States, Nigeria, Norway, Oman, Russia and Qatar, the company markets LNG on all world markets. Total also benefits from strong and diversified positions throughout the LNG value chain, including gas production, LNG transportation, LNG trading, and some recent development in the LNG industry for maritime transport. 

Source: www.total.com

Total Enters a 640 MW Offshore Wind Project Under Construction in Taiwan

Total has signed an agreement with wpd to acquire a 23% interest in Yunlin Holding GmbH, the owner of Yunlin offshore wind farm located off the coast of Taiwan, around 200 kilometers southwest of Taipei. The project, currently under construction, represents production capacity of 640 megawatts (MW) and benefits from a 20-year guaranteed-price power purchase agreement (PPA) with the state-owned company Taipower of USD 250/MWh for the first 10 years and USD 125/MWh for the following 10 years . For this acquisition of a 23% interest, Total will pay to wpd a consideration based on its share of past costs. 

Located around 10 kilometers offshore at water depths ranging from 7 to 35 meters, the wind farm will comprise 80 wind turbines with a unit capacity of 8 MW. Construction is scheduled to be completed in 2022. Once on stream, the project will produce 2.4 terawatt hours (TWh) of renewable electricity per year, enough to serve the power needs of 605,000 households. 

Procurement of the main components has been finalized and marine works are under way. The project reached a major milestone with the installation of the first wind turbine on April 23.

Identified by Taiwan’s authorities as a key area in the development of renewable energies, offshore wind power will be a significant contributor to the objective of generating 20% of its electricity from renewables by 2025 while fostering the emergence of a local wind power industry. Taiwan is one of the priority regions selected by Total for its development in offshore wind power in Asia. 

“This agreement provides Total with an opportunity to gain a foothold in one of Asia’s main offshore wind markets and strengthens the Group’s position in this fast-growing segment, in line with its strategy of profitable development in renewables worldwide,” said Stéphane Michel, President Gas, Renewables & Power at Total. “Taiwan has been a pioneer in developing offshore wind power in Asia, and we are proud to contribute to the transformation of its energy mix. We are delighted to enter into this first partnership with wpd, one of the leading independent developers of offshore wind power.”

The project is currently 48%-owned by wpd, 25% by EGCO (Electricity Generating Public Company Limited) and 27% by a consortium of Japanese investors led by Sojitz (Sojitz Corporation, ENEOS Corporation, Chugoku Electric Power, Chudenko Corporation and Shikoku Electric Power). 

The acquisition, which is subject to government approval, will broaden the Group’s portfolio of offshore wind projects under development and construction, that currently represents a cumulative capacity of about 5.5 GW. 
Total, renewables and electricity
As part of its ambition to get to net zero by 2050, Total is building a portfolio of activities in renewables and electricity that should account for up to 40 % of its sales by 2050. At the end of 2020, Total’s gross power generation capacity worldwide was around 12 GW, including 7 GW of renewable energy. Total will continue to expand this business to reach 100 GW of gross production capacity from renewable sources by 2030 with the objective of being among the world’s top 5 in renewable energies.

Source: www.total.com

TOTAL PARTNERS WITH SHENERGY GROUP TO JOINTLY MARKET LNG IN CHINA

Total and Shenergy Group, the leading energy player in Shanghai, have signed binding agreements for the supply of up to 1.4 million tons per annum of Liquefied Natural Gas (LNG) from Total, as well as the creation of a joint venture to expand LNG marketing in China. 

The joint venture (Total 49%, Shenergy Group 51%) will sell LNG, supplied by Total, to customers in Shanghai and throughout the neighboring Yangtze River Delta regions, one of the main LNG markets in China. Additionally, Total will supply LNG to Shanghai Gas, the natural gas subsidiary of Shenergy Group, for its distribution business. 

“This deal with Shenergy Group is a great opportunity to partner with an experienced Gas & LNG player with strong ambitions, as well as a unique entry point into the downstream LNG market in China. This partnership is in line with our strategy to grow along the entire gas value chain,” said Stéphane Michel, President Gas, Renewables & Power at Total. “LNG is playing a key role in meeting the growing demand for natural gas, especially in China where we are pleased to contribute to the diversification of the energy mix.” 
    
“The Shenergy Group is very pleased to sign this partnership agreement with Total, which secures a long-term, reliable supply of LNG for the Yangtze River Delta. The Joint Venture with Total will develop the LNG downstream market and support the objective of Shenergy Group to improve the air quality and reduce emissions in the region,” said Mr. Wang Zhehong, Vice President of Shenergy Group and Chairman of Shanghai Gas.

The LNG supply to the JV and Shanghai gas distribution business will be sourced from global LNG portfolio of Total through a long-term LNG Sale and Purchase agreement ramping up to 1.4 million tons per annum for a term of twenty years. It will be delivered to Shenergy’s Chinese LNG terminals.

Source: www.total.com

Total to develop Singapore into a major LNG hub for Asia

The Maritime and Port Authority of Singapore (MPA) has awarded a third Liquefied Natural Gas (LNG) bunker supplier license to Total’s subsidiary in charge of worldwide bunkering activities, Total Marine Fuels Private Limited, for a five-year term starting January 1st, 2022.

This achievement follows a 10-year agreement signed by Total back in 2019, to develop an LNG bunker supply chain in the port of Singapore. It reaffirms the Company’s commitment to contribute to the country’s ambition in becoming a key LNG bunkering hub for Asia. It also underscores Total’s confidence in the role of natural gas for the global maritime industry’s energy transition and in its potential to further reduce carbon emissions from ships, through the development and future introduction of carbon-neutral bioLNG. 

“We are proud to be awarded by the Maritime and Port Authority of Singapore the licence to supply LNG. Singapore, as the world’s largest conventional bunkering hub with a market share of 20 percent, is well positioned to become a major hub for LNG as a marine fuel,” underlined Alexis Vovk, President, Marketing & Services at Total. “Asia’s demand for LNG bunkering is growing and the contribution of Singapore is of essence for the development of a global LNG bunkering market. Moving forward, Total will continue to step up investments to bring greater value of our integrated natural gas supply chain to customers serving this important region, ultimately contributing to our target of serving more than 10% of the global LNG bunker market.”

Total has actively invested in LNG infrastructure, critical to support its shipping customers’ uptake of LNG as a marine fuel. Since November 2020, Total has been operating the world’s largest LNG bunker vessel, the “Gas Agility”, at the Port of Rotterdam. By 2022, the Company will launch another newly built LNG bunker vessel in Marseille (France), while serving the port of Singapore through a third one. As part of its strategy to reduce greenhouse gases emissions in maritime transportation, Total has in parallel chartered two VLCCs (Very Large Crude Carriers) and four Aframax-type vessels, all equipped with LNG propulsion, which will be delivered in 2022 and 2023 respectively.

Total’s active efforts to develop LNG bunkering for maritime transport are in line with the Company’s climate ambition to get to net-zero emissions by 2050, together with society. Furthermore, it embodies Total’s broader marketing strategy towards the industries it serves, focusing on solutions to reduce the carbon intensity of the energy products used by its customers worldwide.

Source: Total

Total and Zahid Group join forces to develop solar energy in Saudi Arabia

Pursuing the development of renewable energy in the Kingdom of Saudi Arabia, Jeddah-headquartered Zahid Group, represented by “Altaaqa Alternative Solutions” and the French energy company Total, represented by “Total Solar Distributed Generation”, announce the establishment of a joint venture named SAFEER – Saudi French for Energy Efficiency and Renewables.

In line with Zahid Group´s and Total’s commitment to the Kingdom of Saudi Arabia Vision 2030, SAFEER´s mission is to bring affordable and reliable solar energy solutions to commercial and industrial customers across the Kingdom of Saudi Arabia, leading the way in the development of the ecosystem for distributed generation through the delivery of state-of-the-art solutions, development of local content and talent while maintaining a second-to-none commitment to safety and quality.

Specializing in commercial and industrial solar installations on rooftops and carports, the joint venture will leverage Total´s expertise across the entire solar value chain and Altaaqa’s 18 years of leadership in delivering independent power and water utility solutions in the Kingdom.

Both the Zahid Group and Total have a track record of successful investments in the Kingdom’s Oil & Gas and Energy Sectors, creating numerous career opportunities while also being catalysts in the elevation of industry standards and best practices.

Establishing SAFEER comes as a natural response to the Ministry of Energy´s announcement to promote Renewable Distributed Generation in the Kingdom.

Commenting on the establishment of SAFEER, Julien Pouget, Senior Vice President, Renewables at Total said, “In line with our 2050 carbon neutrality ambition and our growth strategy in renewables, we are committed to bring to SAFEER Total’s world-class expertise in on-site solar power generation solutions to provide clean, affordable and reliable energy to industrial and commercial customers in KSA. We are delighted to expand our partnership with Zahid Group to this new field opened by the Ministry of Energy in the frame of KSA Vision 2030.”

Source: www.zahid.com

total-awards-two-lng-agreements-to-worley

Total awards two Mozambique LNG agreements to Worley

Worley has been awarded two master service agreements by Total E&P Mozambique Area 1 Limitada (Total) to provide services to the Mozambique LNG Project. 

Under the MSAs, Worley will provide in-and-out of country services, including engineering, consulting and specialist engineering for delivery of onshore and offshore (subsea) facilities. The services will support the development of the new LNG facility. 

The services will be executed by Worley’s local Mozambique operation with support from Worley’s global businesses including Advisian. Worley has supported the LNG development, located on the Afungi peninsula in Cabo Delgado province since gas was first discovered there in 2010. 

We are pleased to continue providing services to the LNG development and to support one of Africa’s largest projects. Through the MSAs, we will help Total and its partners in the Mozambique LNG Project meet the world’s changing energy needs,” said Andrew Wood, Chief Executive Officer of Worley.

Source: https://keyfactsenergy.com/news/6718/view/

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Adnoc LNG Signs Supply Agreements With BP and Total

Adnoc LNG announced that it has concluded supply agreements with subsidiaries of BP and Total, booking out the majority of its LNG production through the first quarter of 2022.

With these new supply agreements, Adnoc LNG has shown that it can react quickly and decisively to changing market conditions while ensuring the security and quality of delivery. With the support of its shareholders, ADNOC has maximized access to new markets with strong LNG growth potential.
Adnoc LNG currently produces about 6 million tons per annum of LNG from its facilities on Das Island off the coast of Abu Dhabi, supplying 90 per cent of its LNG molecules to a range of clients and receiving terminals in more than eight countries across southern and southeast Asia including India, China, South Korea and Taiwan.

Adnoc LNG is majority-owned by Adnoc, which has a 70 percent share of the company. Additional shareholders are Mitsui & Co (15%), BP (10%), and Total (5%).
BP is delighted to have concluded this LNG supply agreement” said Robert Lawson, COO Gas, Integrated Supply and Trading, BP. “ADNOC LNG is a longstanding supplier to BP’s integrated supply and trading business. We are very pleased to have secured this new multi-year supply agreement.

Source: https://www.adnoc.ae/