PARIS: French energy group Total has reach a deal to buy Toshiba's US liquified natural gas business, a source familiar with the matter said on Friday.

The acquisition comes amid a drive by Total to expand its LNG portfolio, and follows the French company's proposed $8.8 billion deal to acquire Anadarko's Africa assets, which include an LNG project in Mozambique.

Toshiba is expected to book about 100 billion yen ($921 million) in losses over the sale, Nikkei reported earlier.