TOT TOTAL SE

By Cecilia Butini

Total SE said Thursday that it has finalized its equity participation in the Energia Costa Azul liquefied natural gas export project in Mexico, and now holds a 16.6% equity share in the project.

The French oil-and-gas major said the investment was finalized through binding agreements with Sempra LNG and Infrastructura Energetica Nova SAB de CV, the other co-owners of the project.

The project is for the development, construction and operation of a single-train liquefaction facility in Baja California, Mexico. It is expected to start in 2024, Total said.

Write to Cecilia Butini at cecilia.butini@wsj.com

(END) Dow Jones Newswires

December 10, 2020 02:49 ET (07:49 GMT)

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