gladstone

TotalEnergies Strikes $750M Tolling Fee Deal with GIP at Australia’s Gladstone LNG

TotalEnergies Strikes $750M Tolling Fee Deal with GIP at Australia’s Gladstone LNG

French supermajor TotalEnergies SE has inked a $750 million tolling fee agreement with infrastructure fund Global Infrastructure Partners (GIP) related to the downstream facilities at the Gladstone liquefied natural gas (LNG) project in Australia. Under the terms of the deal, GIP is to receive a throughput-based tolling fee calculated on TotalEnergies’ share of gas processed…

July 14, 2021