TotalEnergies’ Cape Ann LNG Terminal Adds 5 Billion Cubic Meters to French Gas Supply

TotalEnergies’ Cape Ann LNG Terminal Adds 5 Billion Cubic Meters to French Gas Supply

(IN BRIEF) TotalEnergies has officially commissioned the Cape Ann, a Floating Storage and Regasification Unit (FSRU) for liquefied natural gas (LNG) in Le Havre’s port. This FSRU has begun injecting natural gas into the grid, using LNG sourced from Norway. TotalEnergies has secured contracts for half of Cape Ann’s annual capacity, around 5 billion cubic meters, with the remaining capacity to be marketed as per regulatory guidelines. The Cape Ann FSRU is a significant addition to France’s energy infrastructure, with a maximum regasification capacity of 5 billion cubic meters per year, equivalent to roughly 10% of the country’s natural gas consumption.

(PRESS RELEASE) PARIS, 26-Oct-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, is pleased to announce the successful commissioning of the Cape Ann, its state-of-the-art Floating Storage and Regasification Unit (FSRU) for liquefied natural gas (LNG), situated in the bustling port of Le Havre. This significant milestone marks a crucial step forward in TotalEnergies’ commitment to providing clean and efficient energy solutions.

The Cape Ann, now fully operational, injected its inaugural megawatt-hours (MWh) of natural gas into the grid managed by GRTgaz. This clean energy contribution is powered by LNG sourced from Norway, showcasing TotalEnergies’ dedication to utilizing sustainable energy sources.

TotalEnergies has secured contracts for 50% of the terminal’s annual capacity, which stands at approximately 5 billion cubic meters, ensuring a reliable supply of LNG from its diverse global portfolio. The remaining capacity will be made available to the market under regulatory guidelines.

Key Features of Cape Ann:

• Maximum Regasification Capacity: 5 billion cubic meters per year, equivalent to around 10% of France’s natural gas consumption.
• Storage Capacity: 142,500 cubic meters.
• Vessel Dimensions: 283 meters in length by 43.40 meters in width.
• Draught: 50 meters.
• Deadweight: 112,457 tons.
• Lightship Weight: 31,676 tons.
• Date of First Launch: June 2010.
• Owner: Höegh LNG.
• Flag: French.

TotalEnergies is proud to be at the forefront of sustainable energy solutions, and the commissioning of Cape Ann underscores its commitment to providing clean and reliable natural gas to meet the growing energy needs of France and beyond.

TotalEnergies, the world’s third largest LNG player and Europe’s leading regasification player
TotalEnergies is the world’s third largest LNG player with a market share of around 12% and a global portfolio of about 50 Mt/y thanks to its interests in liquefaction plants in all geographies. The Company benefits from an integrated position across the LNG value chain, including production, transportation, access to more than 20 Mt/y of regasification capacity in Europe, trading, and LNG bunkering. TotalEnergies’ ambition is to increase the share of natural gas in its sales mix to close to 50% by 2030, to reduce carbon emissions and eliminate methane emissions associated with the gas value chain, and to work with local partners to promote the transition from coal to natural gas.

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in nearly 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies Contacts

• Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR
• Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com

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Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

SOURCE: TotalEnergies