Total did not disclose the value of the stake acquisition in an announcement, but said the purchase would no affect on existing offtake agreements over the 8.4 million tonnes of liquefied natural gas expected to be produced every year by the project.
Total’s gas trading subsidiary would buy 900,000 tonnes of this LNG, with Total E&P president Yves-Louis Darricarrere saying the purchase was a demonstration of its confidence in the project.
“This
