Natural Gas, Fueling the Transition
TotalEnergies' commitment is to reduce its methane emissions by 80% by 2030.
TotalEnergies has been the leading exporter of U.S. liquefied natural gas (LNG) since 2021, shipping more than 10 million tons annually to the rest of the world. TotalEnergies brings its decades-long worldwide expertise in the LNG value chain - from production and processing to trading and shipping – to the U.S. market where the Company has invested in a number of major facilities along the Gulf Coast and Pacific Ocean.
TotalEnergies holds a 16.6% interest in Cameron LNG in Louisiana, exporting more than 4 million tons per annum (Mtpa), and offtakes LNG from major terminals in the United States, among them, Sabine Pass LNG, Freeport LNG, and Corpus Christi LNG. In Baja California, TotalEnergies has a 16.6% stake in the 3.0 Mtpa Energia Costa Azul LNG project. Once completed, TotalEnergies will be able to ship out 1.7 Mtpa from this site, without having to go through the Panama Canal to reach Asian market, which will reduce shipping costs and the carbon footprint.
In 2023, TotalEnergies announced that it is joining forces with GIP and NextDecade to participate in the Rio Grande LNG natural gas liquefaction plant in Texas, raising our Company’s estimated total U.S. LNG export capacity to more than 15 Mtpa by 2030.
As part of our commitment to lower our Scope 1+ 2 emissions, we work for cleaner energy by promoting LNG in maritime and ground transportation. For example, we use tankers with engines that are partly fueled by the LNG they transport and we are developing LNG marine fuels and natural gas fuel for vehicles.
TotalEnergies has built a leading position in U.S. LNG, bringing its extensive experience and technical expertise in major industrial project developments. Through a set of strategic acquisitions and partnerships, we have enlarged our U.S. LNG portfolio to strengthen our ability to secure gas supply for Europe and help provide Asian customers with an alternative to coal.
The Cameron LNG terminal in Louisiana is ideally located for exporting LNG worldwide, particularly to Europe. The site allowed TotalEnergies to become the leading exporter of U.S. LNG in 2021. Take a look at Cameron LNG in this video report prepared in partnership with U.S. television channel CNBC.