September 2022 - Strategy and Outlook
Unique position to benefit from Europe's new gas
demand
Te
TotalEnergies
Upstream assets:
Share of gas and oil
Gas
Lice
Those
LNG regasification capacity:
Onshore
FSRU project
#2 producer in the North Sea
Strong leverage to NBP & TTF
Gas production
kboe/d
#1 LNG regas capacity
> 18 Mt/y in Europe (15% market share)
Regasification capacity and use
200
100
2021 2022 2023
Netherlands
Denmark
Norway
UK
2026
→ Short-cycle increasing 2022 production
→ Brownfield developments to slow decline
(Denmark: Tyra, UK: Quad 9 blowdown)
Mt/y
20
20
11
10
2 FSRU projects
Existing
capacity
2021 2022 2023
2026
→ From 50% (2021) to >90% utilization (2022)
→
2 Floating regas terminals (FSRU) projects
with access to LNG capacity in France and
Germany to potentially start by end-2023
September 2022 - Strategy and Outlook 22View entire presentation