Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report [Globe and Mail, The (Toronto, Canada)]
TotalEnergies SE (TTE)
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Source: Globe and Mail, The
Other oil majors Shell, BP and Total Energies are also expected to invest, the report said. A Mitsui spokesperson said nothing had yet been decided when asked about the report. ADNOC, BP and Shell declined to comment. TotalEnergies did not immediately respond to a request for comment. ADNOC has big ambitions in gas and LNG, which along with renewable energy and petrochemicals, it sees as pillars for its future growth. Demand for natural gas soared as Europe scrambled to secure supplies to replace Russian gas in the wake of Moscow's invasion of Ukraine last year. The planned Ruwais LNG project, to the west of Abu Dhabi city, will help ADNOC reach its goal of doubling its LNG production capacity. It currently has liquefaction capacity of about 6 million metric tons per annum at its Das Island facility. The Ruwais plant will have electric-powered processing facilities and run on renewable and nuclear grid power, making it one of the lowest carbon intensity LNG facilities globa
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TTE
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- 4/26/24 - Beat
TTE
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- 5/2/24 - Form 6-K
- 4/29/24 - Form F-3ASR
- 4/26/24 - Form S-8
- TTE's page on the SEC website