Total: LNG Sales Rise 2 Pct in Q3 (France)

Total: LNG Sales Rise 2 Pct in Q3

Total of France said its LNG sales in the third quarter of 2013 rose 2 percent to 2.94 million tonnes, compared to the same period last year.

The company’s LNG sales in the January-September period totalled 8.77 million tonnes.

Adjusted net income was 2,716 M€ in the third quarter 2013 compared to 3,364 M€ in the third quarter 2012, a decrease of 19%.

Cash flow from operations was 6,954 M€ in the third quarter 2013, an increase of 35% compared to 5,163 M€ in the third quarter 2012. The increase was due mainly to favorable changes in working capital, according to the company.

[mappress]

LNG World News Staff, October 31, 2013; Image: Total