TotalEnergies will expand its investment in U.S. LNG over the next decade as the French company seeks to cement its position as a major exporter of U.S. LNG.

Egypt has signed deals worth about $3 B with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025.

TotalEnergies CEO Patrick Pouyanne said that financing from the U.S. for its $20-B Mozambique LNG project is expected to be approved in coming weeks, with other credit agencies to follow in the months ...