In a significant move towards diversification, TotalEnergies is extending its footprint in the LNG sector, adding a new chapter to its storied legacy in Texas. Building upon its rich history with the Port-Arthur refining and petrochemicals platform and its upstream assets in Barnett, Texas, TotalEnergies is now venturing into the LNG segment with the Rio Grande LNG liquefaction terminal project in South Texas.
With all necessary permits secured and the investment decision for the first phase (17.5 Mtpa) made in July 2023, TotalEnergies is poised for substantial growth in LNG production. The terminal’s startup is slated for 2027, marking a significant milestone in the company’s LNG journey. TotalEnergies has committed to off-take 5.4 Mtpa of LNG for 20 years, propelling the company’s US LNG export capacity to 15 Mtpa by 2030.
As a frontrunner in the LNG industry, TotalEnergies recognises the pivotal role LNG plays as a transitional energy source. Its flexibility addresses the intermittency of renewable power generation and aids in reducing emissions, particularly in regions where coal remains a dominant fuel for power generation. With this strategic move into LNG, TotalEnergies reaffirms its commitment to sustainable energy solutions and its dedication to shaping the energy landscape of tomorrow.
For more information visit www.totalenergies.com
