Total CEO: To Invest With EDF In Dunkirk LNG Terminal

Total CEO: To Invest With EDF In Dunkirk LNG Terminal
dj
Τρι, 3 Μαΐου 2011 - 17:11
French oil major Total SA (TOT) will invest alongside Electricite de France SA (EDF.FR) in a liquefied natural gas terminal in Dunkirk, contributing 10% of the EUR1.5 billion investment, Chief Executive Christophe de Margerie said Tuesday.
French oil major Total SA (TOT) will invest alongside Electricite de France SA (EDF.FR) in a liquefied natural gas terminal in Dunkirk, contributing 10% of the EUR1.5 billion investment, Chief Executive Christophe de Margerie said Tuesday.

Total's CEO made the comment to reporters as he left a round table event here on
France 's energy policy.

Total attracted much ire in the
Dunkirk region recently, after deciding to transform its Flanders refinery into a storage unit. The company has sought to reduce its refining operations in Europe amid weak market fundamentals.

Earlier Tuesday, EDF confirmed its plan to invest in the Dunkirk LNG terminal.

Διαβάστε ακόμα