DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!TotalEnergies Removes Le Havre FSRU as Europe's Gas Market Normalizes
TotalEnergies Removes Le Havre FSRU as Europe's Gas Market Normalizes

TotalEnergies Removes Le Havre FSRU as Europe's Gas Market Normalizes

Update: 2025-11-26
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TotalEnergies dismantles its floating gas terminal in Le Havre, France, following improved gas supply conditions and a court ruling. The terminal, installed during Europes 2022 gas crisis, was a safety net to maintain power grid stability. With high European gas storage levels and diverse LNG sources, the terminals removal signifies Europes gas market returning to normal. TotalEnergies, the worlds third-largest LNG player, sees minimal commercial impact, while the role of floating terminals in Europe evolves, with some countries expanding their terminals for energy security.

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TotalEnergies Removes Le Havre FSRU as Europe's Gas Market Normalizes

TotalEnergies Removes Le Havre FSRU as Europe's Gas Market Normalizes