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TotalEnergies to begin marketing LNG from planned Le Havre FSRU

AI Summary

TotalEnergies SE affiliate TotalEnergies LNG Services France (TELSF) plans to operate a floating storage and regasification unit (FSRU) in Le Havre, northern France, starting September 2023 and will begin marketing regasification capacity early in the year.

TELSF will hold a non-binding call for interest in a total of 2.5 billion cu m/year (242 MMcfd) of regasification capacity between Jan. 16 and Jan. 27, 2023, followed by a binding open season in March 2023. Interested parties would commit to a 5-year term.

The terminal will use Hoegh LNG AS’s 400-MMcfd FSRU Cape Ann, already under charter to TotalEnergies (OGJ Online, Nov. 29, 2022).

TotalEnergies said the war in Ukraine has exposed the need for the European Union and France to diversify gas procurement in line with the European Commission’s REPowerEU plan. The French law on emergency measures to protect purchasing power includes provisions aiming at securing the country’s gas supply and introduces a specific regime for the operation of an FSRU on French territory, the company added.

 

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