Total is counting on natural gas to satisfy increasing energy demand
The world population is increasing and energy needs are growing all the time. To meet them, we need abundant, accessible energy. Total knows that this reality is complicated by the need to reduce greenhouse gas emissions, which we have committed to over the last ten years. We are meeting this challenge by boosting the development of natural gas in particular, the cleanest fossil fuel. In 2015, Total produced almost as much gas (47%) as oil (53%).1 We are working to achieve a higher than 60% hydrocarbon mix in 20 years.
The Qatargas LNG plant located in Ras Laffan Industrial City in Qatar.
Delivery of LNG transported by the LNG carrier Arwa Spirit to a regasification terminal in Japan.
Crew on the methane tanker Arwa Spirit transporting LNG.
Storage of LNG in Japan. On arrival, the gas is stored in tanks in liquid form before being regasified and then sent to natural gas transmission and distribution networks.
Delivery of material in Sabetta on the Ob River for the Yamal LNG project in Russia.
Kurt, geophysicist. Total Australia. Perth, Australia.
Darwin, Australia - Construction of the Blaydin Point LNG site for the Ichthys LNG project, January 2015.
Construction of the Floating Production Storage and Offloading (FPSO) for the Ichthys LNG project. November 2014.
The first Ichthys LNG development well was spudded in February 2015.
"I hope that World Gas Conference Paris 2015 will serve as a wake-up call about the role that natural gas can play.” P. Pouyanné, World Gas Conference Paris, June 2, 2015
Natural gas has the lowest emissions of any fossil fuel
Coal is still widely used, accounting for approximately 30% of the world’s energy consumption. But coal is anything but a clean energy source: burning it is responsible for 44% of world CO₂ emissions. Total sees natural gas as an effective alternative. It is an abundant resource, and can be used for many different purposes. Natural gas also offers the significant advantage of emitting half as much CO₂2 as coal when used to generate electricity.
Fully committed to providing better energy, we have been gradually increasing the share of natural gas in our energy mix for the last 10 years.
Total, a major LNG player
In 2015, natural gas accounted for nearly 47% of our oil and gas production, compared with 33% in 2005. Total operates across the natural gas chain from production to commercialization, including transportation, trading and electricity generation in gas-fired power stations.
Natural gas can be liquefied, which gives it an additional advantage: it is easily transported by ship over long distances. A pioneer in this sector, Total invests in LNG (Liquefied Natural Gas) as a way of supplying energy to as many people as possible. We are a major LNG player and are involved across the natural gas chain, from extracting natural gas onshore and offshore, piping it to processing plants where it is liquefied and stored, transporting it using specialist ships – LNG carriers – to regasification terminals, through to the final delivery of natural gas to corporate clients.
We estimate that by 2030, annual growth of the world natural gas market will be about 2% and that LNG will be about 4%, while the growth of the world oil market will be barely above 0.5%, explains Laurent Vivier, President at Total’s Gas Division. “But be sure to consider geographical disparities: regional markets have different dynamics.” 3
Innovating to make LNG even more accessible
Total is pursuing the goal it set in 2007: to double our LNG sales by 2020. To achieve this, the teams have put in place an ambitious strategy, demonstrated by the Yamal LNG and Ichthys LNG projects in Russia and Australia respectively, both currently in development:
- The Yamal LNG plant is located onshore but in the Gulf of Ob estuary, which freezes over for nine months of the year. The project's development makes it necessary to have a complete, innovative system that handles ice so that LNG can be transported by sea. A fleet of 15 icebreaking LNG carriers has been designed specifically for this project.
- To lift LNG from Australia, the United States or other sources, Total is building its own fleet with the construction of two LNG carriers. These ships, which will begin operations in 2017, will enable us to deliver clean, safe energy to consumer countries, using environmentally friendly means of transportation. A portion of the LNG transported by the carriers will power the engines, optimizing transportation operations and significantly reducing CO₂ emissions when LNG is transported by sea.
1 Production of hydrocarbons (kb/d): 2,347 in 2015
Liquids (kb/d): 1,237 in 2015
Gas (Mcf/d): 6,054 in 2015
2 IAE, "CO₂ emissions from fuel combustion 2015 edition"
3 "Pétrole et Gaz Informations" (Oil and Gas Information), 11/25/15