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01/03/2022 News

TotalEnergies Marine Fuels Joins Methanol Institute

Singapore, March 01, 2022 –The Methanol Institute (MI) today announced TotalEnergies Marine Fuels as the association’s newest member company. TotalEnergies Marine Fuels is global, multi-energy company TotalEnergies’ dedicated business unit in charge of worldwide bunkering activities.

In line with TotalEnergies’ ambition of reaching net zero emissions by 2050, together with society, TotalEnergies Marine Fuels has its strategic focus on providing cleaner and lower-carbon marine fuel solutions that will effectively support its shipping customers’ energy needs and decarbonization strategies.

"Low-carbon methanol is emerging as one of the promising alternative marine fuel contenders, with strong potential to significantly reduce harmful greenhouse gas (GHG) emissions in the maritime industry,” noted Frederic Meyer, Strategy and Projects Director of TotalEnergies Marine Fuels. “We are pleased to join the Methanol Institute and look forward to connect with association members to identify opportunities and partnerships that will help to advance and standardize the application of low-carbon methanol as a marine fuel.”

TotalEnergies is working on various projects related to low-carbon methanol technologies. One initiative is the e-CO2Met, a pilot project launched in June 2021 near TotalEnergies’ Leuna refinery with the goal to convert CO2 with renewable electric energy to methanol.

MI CEO Gregory Dolan, stated "MI is pleased to welcome TotalEnergies Marine Fuels as our newest member. TotalEnergies Marine Fuels’ bunkering expertise and their work on low-carbon methanol projects and technologies creates opportunities for great synergies with our existing member companies."

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About TotalEnergies Marine Fuels
With over three decades of market experience, TotalEnergies Marine Fuels is TotalEnergies’ dedicated business unit in charge of worldwide bunkering activities. A long-term partner to the global shipping industry, TotalEnergies Marine Fuels serves more than 200 shipping customers across over 120 ports in Europe, Asia Pacific and Africa. Its headquarters is located in Singapore, with two satellite offices in Paris and Geneva.

In order to help its shipping customers adopt the cleanest available marine fuels today, TotalEnergies Marine Fuels has made key investments to supply marine LNG, bioLNG and biofuels at strategic bunker hubs. As part of its ongoing work in various maritime coalitions and cross-industry R&D initiatives, TotalEnergies Marine Fuels is also helping to shape the production of decarbonized future fuels for shipping.

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

About Methanol Institute
The Methanol Institute (MI) serves as the global trade association for the methanol industry, representing the world’s leading producers, distributors, and technology companies. Founded in 1989 in Washington DC, MI now represents its members from five offices around the world in Singapore, Washington DC, Beijing, Brussels, and Delhi.

TotalEnergies Contacts
For TotalEnergies Marine Fuels: Jason Knights, Director, Knights Media & Public Relations
M +44 (0)78 51 866 007 | E [email protected] | W www.knightsmpr.com

TotalEnergies
Media Relations: +33 1 47 44 46 99 | [email protected] | @TotalEnergiesPR

Methanol Institute Contacts
Lawrence Navin
+1 703-618-2224 | email us here

Cautionary Note
This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.