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CERAWEEK-Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
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CERAWEEK-Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
Mar 18, 2024 8:47 AM

March 18 (Reuters) - The global liquefied natural gas

(LNG) market will be tight until 2026, Patrick Pouyanne, CEO of

TotalEnergies, said on Monday at a conference in Houston.

France-based TotalEnergies is a top exporter of U.S. LNG.

The company will continue to grow its presence in the U.S.,

Pouyanne said, pointing to a difficult investment environment in

Europe due to regulatory constraints.

The company on Monday said it would acquire carbon capture

and storage business Talos Low Carbon Solutions and that it had

acquired some non-operated producing assets in the Eagle Ford

shale field in south Texas.

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