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TotalEnergies sees strong demand for regasification in response to its market test for planned Le Havre LNG Terminal.

2/16/2023

The market test for Le Havre, France, FSRU LNG Import Terminal Capacity launched by TotalEnergies, has ended.

From January 16 to 30, TotalEnergies LNG Services France (TELSF), a TotalEnergies’ affiliate, ran a non-binding call of interest (the Market Test) for LNG import and regasification capacity to be made available at Le Havre FSRU from September 2023: up to 2.5 billion cubic meters per year for five years. Demand expressed during the Market Test significantly exceeded available capacity. Several market players expressed a high level of interest for an aggregated amount close to 12 billion cubic meters per year over the five-year period.

This success illustrates market’s appetite for additional LNG regasification capacity to meet French demand as well as the need to strengthen the security of gas supply.