European energy major Total reports LNG as highlight among overall net loss of $8Bln on impairments

Thursday, 30 July 2020

European major Total said its LNG sales increased by 22 percent in the second quarter compared with last year, notably due to an increase in trading activities, while the group posted an overall net loss of more than $8 billion because of assets impairments caused by the oil slump and Covid-19.

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