Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player
Green Car Congress
NOVEMBER 13, 2017
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. In addition, in parallel with this transaction, Total and Engie agreed to cooperate to promote the use of biogas and renewable hydrogen, with Engie becoming Total’s priority supplier in this field.
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