REG-TotalEnergies SE TotalEnergies Partners with Major International Companies to Support e-NG Development

TotalEnergies SEAnnouncement

18/03/2024 15:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240318:nBw3tjKSna&default-theme=true


TotalEnergies Partners with Major International Companies to Support e-NG
Development

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) is joining seven major
companies to create an international coalition supporting the development of
production and use of e-natural gas (e-NG), a synthetic natural gas produced
from renewable hydrogen and CO(2).

e-NG can be transported and/or liquefied and then sold like natural gas, using
existing infrastructure. It thus can be used by end customers without any
adaptation to their facilities, making it a particularly interesting synthetic
fuel to support their decarbonization efforts.

TotalEnergies and its partners – Engie, Mitsubishi Corporation, Osaka Gas,
Sempra Infrastructure, TES, Tokyo Gas and Toho Gas – are pooling their
expertise and efforts to establish the “e-NG Coalition”, whose purpose is
to support e-NG development in a reliable, affordable and sustainable way.

The coalition aims to:


 * promote the use of e-NG and support the emergence of a global market;


 * foster adequate support by policymakers and harmonization of applicable
regulation and standards; and


 * bolster collaboration between the various stakeholders, along the entire value
chain and across all geographies.

TotalEnergies is currently studying the “Live Oak e-NG” project with Tree
Energy Solutions (TES), to produce 100,000 to 200,000 tons of e-NG per year in
the United States by 2030. The e-NG Coalition will therefore benefit from the
expertise TotalEnergies acquires through this project, as well as its
expertise in renewable power generation, large-scale project management, gas
liquefaction, and green hydrogen project development.

"As a major player in LNG and renewable electricity, and as e-NG pioneers
thanks to our Live Oak project, it is important for us to contribute to the
establishment of a global coalition for the development of e-NG. This
synthetic fuel will contribute to the energy transition by facilitating the
decarbonization of certain industrial activities, particularly those that are
difficult to electrify, while making use of existing downstream
infrastructures," said Stéphane Michel, President, Gas, Renewables &
Power at TotalEnergies.

***

About the e-NG Coalition:

The e-NG Coalition is a collaborative alliance of pioneering companies that
believe electric Natural Gas (e-NG) has a role to play to accelerate the
energy transition towards a net-zero carbon future. The Coalition seeks to
promote e-NG, build a global market with aligned emissions accounting and
certification standards, and bolster cooperation between all stakeholders
along the e-NG value chain.

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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=53911538&newsitemid=20240318777966&lan=en-US&anchor=%40TotalEnergies&index=1&md5=4cde67e05a843cc555b7ec89c515285e)
- TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=53911538&newsitemid=20240318777966&lan=en-US&anchor=TotalEnergies&index=2&md5=a47bf87bbf829b7e4123b3089626a33d)
- TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=53911538&newsitemid=20240318777966&lan=en-US&anchor=TotalEnergies&index=3&md5=7ce7313234b1145f2bf656090ca59e01)
- TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=53911538&newsitemid=20240318777966&lan=en-US&anchor=TotalEnergies&index=4&md5=d3367a7f953f31254d69f20131a5f6d6)

 

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.
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).

TotalEnergies Contacts 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=53911538&newsitemid=20240318777966&lan=en-US&anchor=%40TotalEnergiesPR&index=5&md5=25a5830adb27d1f2d9798a02ef8a2fe9)

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



View source version on businesswire.com:
https://www.businesswire.com/news/home/20240318777966/en/
(https://www.businesswire.com/news/home/20240318777966/en/)

TotalEnergies SE


Copyright Business Wire 2024