Liquefied Natural Gas: TotalEnergies to Offtake 1.5 Mtpa of LNG From the Future Train 4 of Rio Grande LNG Facility
TotalEnergies (TTE) has signed a 20-year Sales and Purchase Agreement (SPA) with NextDecade to purchase 1.5 million tons per annum (Mtpa) of LNG from the future Train 4 at the Rio Grande LNG facility. The agreement is contingent on NextDecade's positive Final Investment Decision (FID) for Train 4.
TotalEnergies currently holds a 16.7% stake in Rio Grande LNG's first phase, which includes 3 LNG trains under construction in southern Texas. The company has previously committed to purchasing 5.4 Mtpa of the approximately 17.5 Mtpa produced by the first phase, expected to start up in 2027. Additionally, TotalEnergies maintains a 17.5% stake in NextDecade.
As the world's third-largest LNG player, TotalEnergies manages a global portfolio of 40 Mt/y in 2024, with access to over 20 Mt/y of regasification capacity in Europe. The company aims to increase natural gas's share in its sales mix to nearly 50% by 2030.
TotalEnergies (TTE) ha firmato un accordo di vendita e acquisto (SPA) della durata di 20 anni con NextDecade per l'acquisto di 1,5 milioni di tonnellate all'anno (Mtpa) di GNL dal futuro Train 4 presso l'impianto Rio Grande LNG. L'accordo è subordinato alla decisione finale di investimento (FID) positiva di NextDecade per il Train 4.
Attualmente, TotalEnergies detiene una quota del 16,7% nella prima fase di Rio Grande LNG, che comprende 3 treni GNL in costruzione nel sud del Texas. In precedenza, la società si era impegnata ad acquistare 5,4 Mtpa dei circa 17,5 Mtpa prodotti dalla prima fase, prevista per l'avvio nel 2027. Inoltre, TotalEnergies mantiene una quota del 17,5% in NextDecade.
Essendo il terzo operatore mondiale nel settore del GNL, TotalEnergies gestisce un portafoglio globale di 40 Mt/anno nel 2024, con accesso a oltre 20 Mt/anno di capacità di rigassificazione in Europa. L'azienda punta a portare la quota del gas naturale nel proprio mix di vendita a quasi il 50% entro il 2030.
TotalEnergies (TTE) ha firmado un Acuerdo de Compra y Venta (SPA) por 20 años con NextDecade para adquirir 1,5 millones de toneladas anuales (Mtpa) de GNL del futuro Train 4 en la planta Rio Grande LNG. El acuerdo está condicionado a la decisión final de inversión (FID) positiva de NextDecade para Train 4.
TotalEnergies posee actualmente una participación del 16,7% en la primera fase de Rio Grande LNG, que incluye 3 trenes de GNL en construcción en el sur de Texas. La compañía se había comprometido previamente a comprar 5,4 Mtpa de los aproximadamente 17,5 Mtpa que producirá la primera fase, prevista para iniciar operaciones en 2027. Además, TotalEnergies mantiene una participación del 17,5% en NextDecade.
Como el tercer mayor actor mundial en GNL, TotalEnergies gestiona una cartera global de 40 Mt/año en 2024, con acceso a más de 20 Mt/año de capacidad de regasificación en Europa. La empresa aspira a aumentar la proporción de gas natural en su mezcla de ventas a casi el 50% para 2030.
TotalEnergies (TTE)는 NextDecade와 20년간의 매매계약(SPA)을 체결하여 Rio Grande LNG 시설의 미래 Train 4에서 연간 150만 톤(Mtpa)의 LNG를 구매하기로 했습니다. 이 계약은 NextDecade의 Train 4에 대한 긍정적인 최종 투자 결정(FID)을 조건으로 합니다.
TotalEnergies는 현재 텍사스 남부에서 건설 중인 3개의 LNG 트레인을 포함하는 Rio Grande LNG 1단계에 16.7%의 지분을 보유하고 있습니다. 이 회사는 2027년 가동 예정인 1단계에서 생산되는 약 1750만 톤 중 540만 톤을 구매하기로 이미 약속했습니다. 또한 TotalEnergies는 NextDecade의 17.5% 지분도 보유하고 있습니다.
세계에서 세 번째로 큰 LNG 업체인 TotalEnergies는 2024년 기준 연간 4000만 톤의 글로벌 포트폴리오를 관리하며, 유럽에서 2000만 톤 이상의 재기화 용량에 접근할 수 있습니다. 회사는 2030년까지 판매 믹스에서 천연가스 비중을 거의 50%까지 늘리는 것을 목표로 하고 있습니다.
TotalEnergies (TTE) a signé un accord d'achat et de vente (SPA) de 20 ans avec NextDecade pour acquérir 1,5 million de tonnes par an (Mtpa) de GNL provenant du futur Train 4 de l'installation Rio Grande LNG. Cet accord est conditionné à la décision finale d'investissement (FID) positive de NextDecade pour le Train 4.
TotalEnergies détient actuellement une participation de 16,7% dans la première phase de Rio Grande LNG, qui comprend 3 trains de GNL en construction dans le sud du Texas. La société s'est déjà engagée à acheter 5,4 Mtpa des quelque 17,5 Mtpa produits lors de cette première phase, dont le démarrage est prévu en 2027. De plus, TotalEnergies détient une participation de 17,5% dans NextDecade.
En tant que troisième acteur mondial du GNL, TotalEnergies gère un portefeuille mondial de 40 Mt/an en 2024, avec un accès à plus de 20 Mt/an de capacité de regazéification en Europe. L'entreprise vise à porter la part du gaz naturel dans son mix de ventes à près de 50 % d'ici 2030.
TotalEnergies (TTE) hat einen 20-jährigen Kauf- und Verkaufsvertrag (SPA) mit NextDecade unterzeichnet, um 1,5 Millionen Tonnen pro Jahr (Mtpa) LNG vom zukünftigen Train 4 der Rio Grande LNG-Anlage zu kaufen. Der Vertrag steht unter dem Vorbehalt einer positiven endgültigen Investitionsentscheidung (FID) von NextDecade für Train 4.
TotalEnergies hält derzeit einen Anteil von 16,7% an der ersten Phase von Rio Grande LNG, die drei im Bau befindliche LNG-Züge im Süden von Texas umfasst. Das Unternehmen hat sich zuvor verpflichtet, 5,4 Mtpa der etwa 17,5 Mtpa zu kaufen, die in der ersten Phase produziert werden sollen, deren Inbetriebnahme für 2027 geplant ist. Außerdem hält TotalEnergies einen 17,5%-Anteil an NextDecade.
Als drittgrößter LNG-Anbieter weltweit verwaltet TotalEnergies ein globales Portfolio von 40 Mt/Jahr im Jahr 2024 und hat Zugang zu über 20 Mt/Jahr Regasifizierungskapazität in Europa. Das Unternehmen strebt an, den Anteil von Erdgas am Verkaufsportfolio bis 2030 auf fast 50 % zu erhöhen.
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- TotalEnergies signs with NextDecade to purchase 1.5 Mtpa of LNG for 20 years from the future Train 4 at the Rio Grande LNG facility
- The SPA is subject to a positive FID for Train 4
"We are pleased to sign with NextDecade a new 1,5 Mtpa SPA from the future Train 4 of Rio Grande. This agreement will enable NextDecade to progress towards the FID of the project and notably to start its financing process. Once effective, the agreement will help strengthen TotalEnergies' position to serve its customers with a competitive supply, as the leading exporter of LNG from the United States”, said Gregory Joffroy, Senior Vice President LNG at TotalEnergies.
“TotalEnergies has been a key contributor to the success of Rio Grande LNG Phase 1, and we are pleased to be expanding our strategic partnership with TotalEnergies with the execution of this Train 4 SPA”, said Matt Schatzman, NextDecade’s Chairman and Chief Executive Officer. “This SPA completes the commercial support we need for Rio Grande LNG Train 4, and we are now focused on progressing Train 4 toward a positive FID”, he added.
TotalEnergies holds a
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TotalEnergies, the world’s third largest LNG player
TotalEnergies is the world’s third largest LNG player with a global portfolio of 40 Mt/y in 2024 thanks to its interests in liquefaction plants in all geographies. The Company benefits from an integrated position across the LNG value chain, including production, transportation, access to more than 20 Mt/y of regasification capacity in
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
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Cautionary Note
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FAQ
What is the volume and duration of TotalEnergies' new LNG purchase agreement with Rio Grande?
When is Rio Grande LNG's first phase expected to begin operations?
What is TotalEnergies' total stake in Rio Grande LNG's first phase and NextDecade?
What is TotalEnergies' (TTE) target for natural gas in its sales mix by 2030?
How much LNG will TotalEnergies purchase from Rio Grande LNG's first phase?
