TotalEnergies: synthetic natural gas project in US
(CercleFinance.com) - On Wednesday TotalEnergies announced that it is joining forces with the Belgian start-up TES to develop an e-gas production unit in the US.
The French energy group says that the project - owned equally by both partners, although operated by Total, will produce a synthetic natural gas made from renewable hydrogen and CO2.
Its production capacity is estimated at between 100,000 and 200,000 tonnes of e-NG per year.
The partnership is designed to combine TES' e-NG know-how with TotalEnergies' expertise in renewable power generation, large-scale projects and gas liquefaction.
TotalEnergies and TES, which are currently launching development studies for the project, say they expect a final investment decision in 2024.
The advantage of e-NG, a synthetic fuel, is that it does not require any new logistical infrastructure, since it shares the same properties as natural gas, enabling them to be blended in existing infrastructures.
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