Total's LNG contract portfolio will more than double to 18 mmtpa over the next five years. Projects in Australia (Ichthys and GLNG) and Russia (Yamal) will drive strong cash generation after years of heavy capital spending. This will more than offset the decline in LNG revenue from Indonesia caused by expiry of Total’s offshore Mahakam licence in 2017. Total’s focus on LNG investment is part of a wider shift to ‘cleaner fuels’ in the company. LNG is one pillar of its ambitions to develop a long-term low-carbon portfolio. The company views its LNG portfolio as long term in nature and as a facilitator for monetising its own molecules, but has also become more active as an LNG trader in recent years.