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CORPORATE STRATEGY

Total Leans on Latin America for Low-Carbon Growth

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  • TotalEnergies' oil production in Brazil has doubled this year after it entered two fields in the pre-salt Santos Basin — and has room to grow further.
  • The French major, which sold 42 million tons of LNG in 2021, would be well placed to help Argentina achieve its goal of becoming a gas exporter.
  • A final investment decision on the Vista Pacifico LNG project in Mexico, in which Total has a 16.6% stake, is expected to be taken by the end of 2024.

The Issue

Topics:
Upstream Projects, Corporate Strategy , Gas Supply, LNG Projects
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