TotalEnergies to market capacity at Le Havre FSRU
French major TotalEnergies said December 21 its affiliate, TotalEnergies LNG Services France (TELSF) would begin marketing regasification capacity in the New Year for a new floating storage and regasification unit (FSRU) planned for the northern French port of Le Havre.
Like the rest of the EU, France needs to diversify its gas procurement procedures in line with the European Commission’s REPowerEU plan. Likewise, a French law on emergency measures to protect purchasing power include provisions aimed at securing the country’s gas supply and introduces a specific regime for the operation of FSRUs in France.
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TELSF is working on the installation of the FSRU and expects to have it operational in September 2023. Ahead of that, it is organising a call for expressions of interest for up to 2.5bn m3/year of regas capacity for a five-year period beginning in September 2023.
The marketing of the capacity will be conducted in two phases, with the first a non-binding call for interest that will be open January 16-27. Interested parties will receive a memorandum of information detailing the project and an expression of interest application allowing them to specify the amount of capacity they wish to book.
The second phase will be a binding open season, expected to be launched in March 2023.