CERAWeek: Global LNG Market Will ‘Be Tight’ Until 2026 – CEO of TotalEnergies P. Pouyanne

CEO of TotalEnergies Patrick Pouyanne walks at the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 5, 2023. REUTERS/Amr Alfiky/ — CEO of TotalEnergies Patrick Pouyanne walks at the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 5, 2023. Reuters/Amr Alfiky

Reporting by Liz Hampton, Reuters

HOUSTON
EnergiesNet.com 03 19 2024

The global liquefied natural gas (LNG) market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said on Monday at a conference in Houston.

France-based TotalEnergies is a top exporter of U.S. LNG. The company will continue to grow its presence in the U.S., Pouyanne said, pointing to a difficult investment environment in Europe due to regulatory constraints.

The company on Monday said it would acquire carbon capture and storage business Talos Low Carbon Solutions and that it had acquired some non-operated producing assets in the Eagle Ford shale field in south Texas.

reuters.com 03 18 2024

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