French energy giant TotalEnergies has announced a major investment in the Rio Grande LNG Train 4 project in South Texas, marking a significant boost to U.S. liquefied natural gas exports and global energy security. The company will take a combined 17% stake in the $7 billion expansion, which will add 6 million tons per year of capacity and raise the facility’s total output to 24 million tons annually by 2030.
Backed by partners including NextDecade, Global Infrastructure Partners, Singapore’s GIC, and UAE’s Mubadala, the project strengthens TotalEnergies’ U.S. LNG footprint to more than 16 million tons per year, reinforcing its position as the world’s third-largest LNG player while supporting its strategy to grow natural gas as a lower-carbon bridge fuel in the global energy transition.