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LNG trading model offered for European sector of the Atlantic Basin market

Written by 
Wednesday, 28 February 2007 13:25
Philippe Lautard, Total Gas & Power

Total, with the fourth-largest natural gas reserves in the world among oil majors and annual output of 49 billion cubic metres, has been involved in the LNG industry since its inception.

As in the case of the vast majority of upstream players, Total is in associated partnerships to produce and market LNG directly to counterparties on a long-term basis.

For more recent projects and development ventures, in Middle East and Nigeria as well as Norway, Total is targeting liberalized markets within the Atlantic Basin which allow market access in a competitive way.
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