{"id":639275,"date":"2017-10-25T04:17:43","date_gmt":"2017-10-25T04:17:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/"},"modified":"2017-10-25T04:17:43","modified_gmt":"2017-10-25T04:17:43","slug":"total-in-talks-with-engie-to-buy-lng-assets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/","title":{"rendered":"Total in talks with Engie to buy LNG assets"},"content":{"rendered":"<p><strong>French oil and gas major Total is in talks to buy Engie\u2019s LNG assets<\/strong>, predicting that gas markets will grow in the future, CEO Patrick Pouyanne tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-10-24\/total-s-pouyanne-says-company-in-talks-to-buy-engie-lng-assets\">Bloomberg TV on Tuesday<\/a> (runtime: 8:55). \u201cI can confirm we\u2019ve discussed with Engie, like other companies, and we\u2019ll see if we can find an agreement. If not, we have other ideas, other opportunities, to develop the LNG business,\u201d 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French oil and gas major Total is in talks to buy Engie\u2019s LNG assets, predicting that gas markets will grow in the future, CEO Patrick Pouyanne tells Bloomberg TV on Tuesday (runtime: 8:55). \u201cI can confirm we\u2019ve discussed with Engie, like other companies, and we\u2019ll see if we can find an agreement. If not, we [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-639275","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8306a4f5-f95e-4c8d-9875-7668f94b62f9","order":"0","is_powered_by":true,"section_story_id":"799248b1-2ce7-43b9-b728-ad65be18f447","story_type":"1","photo_url":"","photo_position":"above","related_issue":[639261],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Total in talks with Engie to buy LNG assets - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Total in talks with Engie to buy LNG assets\" \/>\n<meta property=\"og:description\" content=\"French oil and gas major Total is in talks to buy Engie\u2019s LNG assets, predicting that gas markets will grow in the future, CEO Patrick Pouyanne tells Bloomberg TV on Tuesday (runtime: 8:55). \u201cI can confirm we\u2019ve discussed with Engie, like other companies, and we\u2019ll see if we can find an agreement. If not, we [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-25T04:17:43+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Total in talks with Engie to buy LNG assets\",\"datePublished\":\"2017-10-25T04:17:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/\"},\"wordCount\":112,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/total-in-talks-with-engie-to-buy-lng-assets\/\",\"name\":\"Total in talks with Engie to buy LNG assets - 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Two trade sources said the purchases were arranged through bilateral [agreements] and not via a standard tender process.\u201d","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626912,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/el-molla-meets-with-engie-global-lng-ceo\/","url_meta":{"origin":639275,"position":1},"title":"El Molla meets with Engie Global LNG CEO","author":"enterpriseam admin","date":"15 July 2018","format":false,"excerpt":"Oil Minister Tarek El Molla met yesterday with CEO of Engie Global LNG, Philip Olivier, to discuss the company\u2019s operations and Egypt\u2019s efforts to become a regional energy hub, according to a ministry statement. 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Talks have resumed between Union Fenosa Gas (UFG) and the Madbouly government that could potentially see the Damietta LNG plant reopen after eight years of inactivity, S&P Global reports, citing an Eni spokesperson. 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