French major Total sees LNG volumes soar but lower prices reduce earnings from expansion

Wednesday, 30 October 2019

French energy major Total said it continued its “dynamic strategy of growth” in natural gas with its acquisition of the Mozambique LNG stake and the launch of the Arctic LNG II project even as third-quarter net income dropped 29 percent to $2.80 billion compared with $3.95Bln a year ago on lower prices.

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