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

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Additional payments of up to $550 million could be payable by Total in case of an improvement in the oil markets in the coming years. This transaction will bring to Total: 2.5 MTPA of liquefaction capacity to reinforce Total's existing portfolio, bringing it to 23 MTPA by 2020, with 16.6%

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