Total is taking over the liquefied natural gas business of Toshiba in a deal that is seeing the Japanese player pay a net $800 million to the French supermajor, writes Eoin O'Cinniede.
Paris-based Total will pay $15 million for Toshiba’s US LNG business, with the latter to make a one-off payment of $815 million to the buyer in relation to LNG contracts it has entered into.
