TotalEnergies faces a shutdown at its Sanha complex offshore Cabinda that cuts roughly 49,000 barrels per day, while the company also shipped its first ECA LNG cargo to Asia. The twin developments span a supply loss on the crude side and a fresh long-term gas commitment.
TotalEnergies is preparing to shut in the Sanha complex and its floating production, storage and offloading vessel in Area B offshore Cabinda, a move that removes about 49,000 barrels per day from output. Operators are working to meet their contract commitments while the maintenance runs.
The oil stoppage is tied to maintenance, and no specific technical cause is given for the work.
On the gas side, TotalEnergies has shipped its first ECA LNG cargo to Asia. The company secured a 1.7 million metric tons per annum, 20-year off-take agreement tied to that project, and it is acting as the sole off-taker during the plant’s ramp-up.
Source: TradingView (snippet-based)
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