Total and Siemens in talks with Cuba for 600MW LNG deal

By Sophie Chapman
The French oil and gas company, Total, and the German manufacturer, Siemens, are discussing a potential liquefied natural g...

The French oil and gas company, Total, and the German manufacturer, Siemens, are discussing a potential liquefied natural gas (LNG) plant with Cuba.

The two firms are leading a consortium that has been negotiating the terms of the proposal since last year when they won the tender for the project.

Total and Siemens anticipate that an agreement will be met soon for a 600MW gas-fired power plant, to be located 124km east of Havana.

The Matanzas Bay project will see Total internationally source LNG to be stored, processed, and supplied to the plant that is to be built by Siemens.

SEE ALSO:

“Total, with some international partners, is looking at a LNG power project in Cuba, one of several countries where Total is exploring similar LNG potentials,” the French firm informed Reuters.

Neither company can be sure of a deal due to sanctions imposed by the US and the nation’s bureaucracy.

The deal would be another example of companies from the European Union (EU) aiming to utilise foreign investment policy in Cuba.

“The EU has become Cuba’s first trade partner and was already the first in investment and development cooperation,” commented Federica Mogherini, top diplomat at the EU, in January.

Share

Featured Articles

Honeywell debunks hydrogen energy and its global challenges

Maya Gomez, Director of Green H2 CCM at Honeywell, uncovers the different types of hydrogen and the challenges of applying them for more sustainable energy

ABB Motion & WindESCo partner to strengthen wind energy

ABB Motion invests in WindESCo to sustain wind turbine performance, in a renewable energy drive that will help ABB in its net zero ambitions

Shell Energy UK and Germany acquired by Octopus Energy

Octopus delivers industry leading service whilst investing in clean energy systems — we will deliver this to the new customers too, says CEO Greg Jackson

Sustainability LIVE links to energy and electrification

Sustainability

Green energy: A hot topic at Sustainability LIVE 2023

Sustainability

Sustainability LIVE London sells out on 2023 conference

Sustainability