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Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

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This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long-term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. This transaction will bring to Total: 2.5

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Also, the EU Commission in April charged Gazprom with violating the EU’s anti-trust laws for anti-competitive practices and unfair pricing in Central and Eastern Europe. If found guilty, Gazprom could face substantial fines of around $1 billion.

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