Total has announced that it has completed its takeover of Toshiba Corp.’s LNG portfolio, including its 20-year, 2.2 million tpy tolling agreement with Freeport LNG commencing upon commercial operation of Freeport LNG’s third liquefaction train (Train 3).
Michael Smith, Founder, Chairman and CEO, Freeport LNG, said: “We are excited to welcome Total to our project. Total is a proven leader in the LNG industry with decades of experience.
“Total joins Freeport's exceptional customer line-up and together we will make US LNG available throughout the world.”
LNG production at the Freeport LNG facility began in August this year, with Train 1 slated to start commercial operations later this month. Freeport’s second liquefaction train is advancing pre-commissioning work to support an in-service date of January 2020, and Train 3 construction is nearing completion and is on track for an in-service date of May 2020.