TotalEnergies, TES, Osaka Gas, Toho Gas and ITOCHU Partner Up to Develop the Live Oak Project for e-NG Production in Nebraska

Summary by AI BETAClose X

TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have entered into a Joint Development and Operating Agreement for the Live Oak e-NG project in Nebraska, with the Japanese companies acquiring a combined 33.3% stake. The project, targeting 250 MW of electrolysis and 75 ktpa of methanation, is slated for a Final Investment Decision in 2027 and commercial operations by 2030, with e-NG exports planned for Japan where Osaka Gas and Toho Gas will be the primary offtakers, supporting their goal of injecting 1% carbon-neutral gas into their grids by 2030.

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