Energy Club

Northern Territory

Totally gas-fired

02 Oct 2020 4:28 PM | Sonia Harvey (Administrator)

FRANCE‚Äôs Total will become Total Energies as part of its outline to change its business model and lower emissions in the next decade and predicts gas will feature heavily in its portfolio. 

The company plans to be selling 50 million tonnes of LNG per year by 2025, with cash flow from its LNG business to rise by 40% to US$4 billion per year by then, assuming a $50 per barrel oil price. It plans to decarbonise gas with biogas and hydrogen, while reducing fugitive emissions.  

It already has two hydrogen projects in Europe under development, trialling both methane-sourced hydrogen and renewable-sourced hydrogen  


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