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TotalEnergies targets positive net electricity cash flow by 2030

September 28 (Reuters) – TotalEnergies SE TTEF.PA announced on Tuesday during an investor day:

* THAT A POSITIVE NET CASH FLOW IS OBTAINED FOR ITS ACTIVITIES IN ELECTRICITY BY 2030.

* THAT IT PLANS TO KEEP 40 TO 50% OF ITS RECENT PROJECT IN IRAQ AND THAT IS IN THE PROCESS OF IDENTIFYING PARTNERS.

* THAT THE START-UP OF THE MOZAMBIQUE LNG PROJECT MUST BE DELAYED UNTIL 2026.

For more details, click on TTEF.PA

(Benjamin Mallet Report)

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