TotalEnergies SE is among the most mentioned companies across news items in Europe over the past 12 hours, according to Factiva data, after the French major said it booked capacity at a new floating liquefied-natural-gas terminal in Lubmin, Germany. The oil-and-gas company said the terminal start-up, which will take place on Saturday, will allow it to increase its imports to Europe to over 20 metric tonnes a year, or about 15% of the continent's regasification capacity. It also said that it booked regasification capacity of 2.6 billion cubic meters of gas per year after terminal operator Deutsche ReGas' open season procedure in October. At the end of last year, TotalEnergies provided a floating storage and regasification unit to Deutsche ReGas with an annual regasification capacity of 5 billion cubic meters of gas, enough to cover about 5% of German demand. Dow Jones & Co. owns Factiva. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

January 13, 2023 11:07 ET (16:07 GMT)

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