LNG Demand to Outpace Production; Europe, Russia to Gain ShareHira Shahnawaz Akhtar
Gas liquefaction and regasification plants require large-scale investments but gas companies such as Total SA (ADR) (NYSE:TOT) remain positive on gas prices and maintain a strong outlook for Liquified Natural Gas (LNG).
Total SA (ADR) (NYSE:TOT)'s CEO Christophe de Margerie says that his company is planning to add more LNG capacity after reaching its goal of 17 million metric tons a year in 2017. In the earnings presentation
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