Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player
Green Car Congress
NOVEMBER 13, 2017
Total signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.49 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. —Patrick Pouyanné, Chairman & CEO of Total.
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