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Infographic: How FSRUs work

Total inked an agreement for the development of an LNG import floating terminal in Benin; the FSRUs are a better investment for an oil and gas company, in comparison to LNG carriers, as Drewry previously stated. Therefore, in order to take advantage of a FSRU's benefits, one has to get an insight on how it works. 

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Total acquires Toshiba’s LNG portfolio

Total has agreed with Toshiba to take over its portfolio of LNG. It includes a 20-year agreement for 2.2 million tonnes per annum of LNG from Freeport LNG train 3 in Texas and the gas transportation agreements on the pipelines feeding the terminal. Train 3 of the Freeport LNG plant is planned to start commercial operations by the second quarter of 2020.

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LNG production begins at Cameron LNG export terminal

Total announced that the Cameron LNG project has achieved first LNG production from train 1. The project will begin exports in the following weeks. Phase 1 of the Cameron LNG project of 13.5 million tonnes per annum capacity includes three LNG trains of 4.5 Mtpa each. Construction is currently taking place for trains 2 and 3 with first production expected by the turn of the year and mid-2020 respectively.

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