Total in talks with Engie to buy LNG assets

French oil and gas major Total is in talks to buy Engie’s LNG assets, predicting that gas markets will grow in the future, CEO Patrick Pouyanne tells Bloomberg TV on Tuesday (runtime: 8:55). “I can confirm we’ve discussed with Engie, like other companies, and we’ll see if we can find an agreement. If not, we have other ideas, other opportunities, to develop the LNG business,” he added. Engie had stated on Monday that it is considering a sale of parts of its LNG business as a glut of the fuel on global markets wipes out profitability. Engie imports LNG to Egypt.