Total deal for Engie LNG assets signals aggressive approach

10 November 2017

Total’s acquisition of Engie’s LNG business will elevate Total into the top ranks of global LNG companies. However, there are concerns the transaction may reduce competition. The deal will  transform Total into a global, integrated natural gas player with upstream assets around the world, a significant supply portfolio in the Atlantic and Pacific basins, important sales contracts with customers in
Europe and Asia and a larger footprint in global shipping markets.

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