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TotalEnergies maintains 33.3% stake in Live Oak project

TotalEnergies (TTE), TES, Osaka Gas, Toho Gas and Itochu have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project, a large-scale facility to produce electric natural gas also known as e-methane, initiated by TotalEnergies and TES and currently under development in Nebraska, United States. Following the agreement, TotalEnergies and TES will each maintain a 33.35 % stake in the project. The partners are now preparing the front-end engineering design phase, targeting a capacity of approximately 250 MW of electrolysis and 75 ktpa of methanation. The project, subject to a final investment decision in 2027, is scheduled to begin commercial operations by 2030, with plans to export e-NG to Japan. Osaka Gas and Toho Gas will be the primary offtakers.

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