Total Fina Elf.
16 July 2002
TotalFinaElf Clarifies its Power Generation Activities which are Linked to
its Gas Production (Tolling Contract)
Paris, July 16, 2002 - Since May 2001, TotalFinaElf has held an 40% interest
in the Humber Power Plant in England. The plant has a total capacity of
1,200 MW.
The Group supplies around 0.8 billion cubic metres of natural gas per year to
the plant which represents 40% of its requirements. This accounts for around
10% of the Group's total gas production in the United Kingdom.
TotalFinaElf Gas and Power UK, the Group's trading subsidiary, commercialises
40% of the electricity generated by this plant.
Within the framework of its agreements with Humber Power, TotalFinaElf's assets
and commercial interests are therefore balanced.
This represents the only tolling contract held by the Group.
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