Total Prepares for Arbitrage Opportunities

Noting that the North American, European, and Asian gas markets will likely see substantial growth in LNG demand over the coming years, Phillipe Sauquet, senior vice president of gas and electricity trading for Total Gas and Power, said yesterday that his company hopes to take advantage of arbitrage opportunities by securing access to LNG import terminals in North America, Europe, Asia. Platts LNG Daily provides additional coverage. [Subscription required]

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