Oct 26 (LNGJ) – TotalEnergies said the commissioning was completed on the 145,130 cubic metres capacity vessel “Cape Ann”. The LNG floating storage and regasification unit is deployed as an import facility in the Channel port of Le Havre as the nation's fifth terminal. “The terminal injected its first megawatt-hours of gas into the grid operated by utility GRTgaz using LNG from Norway,” said TotalEnergies. The French major later reported earnings and a 35 percent fall in third-quarter adjusted net income to $6.45 billion from $9.86Bln in the same three months a year ago.
In the integrated LNG division, the company reiterated offtake contracts in the quarter in Qatar for 3.5 million tonnes per annum for 27 years, the launch of the Rio Grande LNG project in Texas and its securing of a stake in NextDecade and the Texas project with 5.4 MTPA of offtake for 20 years. The average third-quarter LNG price for TotalEnergies was $9.56 per million British thermal units versus $21.51 per MMBtu in the same quarter of 2022.
