TotalEnergies strengthens its position in US natural gas
This field will enable the French company to increase its net gas production in the USA by 50 million cubic feet per day (Mcf/d) in 2024, with potential growth of a further 50 Mcf/d in 2028.
The transaction will also strengthen its position as the leading U.S. LNG exporter, with capacity expected to reach 15 million tonnes (Mt) per year by 2030 following the start-up of the first phase of the Rio Grande LNG project (Texas), currently under construction.
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