Total takes over Toshiba’s LNG Portfolio

Total Holdings SAS is now a Freeport LNG customer. Specifically, Total recently took control of Toshiba Corporation’s complete liquified natural gas (LNG) portfolio. That portfolio includes a 2.2 million tons per annum (MTPA) of LNG tolling agreement with Freeport LNG, covering the span of two decades. The agreement begins once Train 3 becomes operational.

Train 1 at the liquification facility, located in Quintana Island, will be operational in 2019, while Train 2 is in the pre-commissioning stages with a projected start in January 2020. Finally, Train 3 is expected to complete construction soon and will likely be operational in May 2020.

“Total joins Freeport’s exceptional customer line-up and together we will make US LNG available throughout the world,” commented Michael Smith Freeport LNG’s Founder, Chairman and CEO.