LNG

French utility Engie, the parent company of France's network operator and LNG terminals owner, said its US$8.6 billion joint bid with a Canadian fund won the competitive tender conducted by Brazilian energy company Petrobras for the sale of the South American nation’s largest gas transmission network.

French energy major Total said it was accelerating its expansion along the liquefied natural gas and gas value chains with a strategy based on strong growth in the LNG divisions.

French energy major Total and Algerian oil and gas company and liquefied natural gas producer Sonatrach have signed a new gas agreement and concession contract as part of their existing partnership and closer LNG ties through Total’s acquisition of Engie assets.