India’s Adani inks LNG import deal with Total

India’s Adani Total Gas has reportedly signed a three-year deal to buy LNG from its partner Total.

France’s Total will deliver the fuel from its global portfolio to Adani Total Private for onward sale to households and small industries, Reuters reported CEO Suresh Manglani as saying on Wednesday.

Manglani did not reveal further information only saying the company wants a diversified portfolio for gas sourcing linked to various benchmarks, according to the report.

LNG Prime contacted Total for a comment but we did not receive a reply by the time this article was published.

Total purchased a 37.4% stake in Adani Gas in 2019 creating one of India’s largest downstream energy partnerships. The cooperation includes LNG and fuel retail business.

Most Popular

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Iraq shortlists two firms for LNG import terminal

Iraq has shortlisted two companies to install a floating storage and regasification unit (FSRU) at the Khor Al-Zubair port in Basra, according to Iraq's oil ministry.

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

More News Like This

NextDecade secures equity commitments for fourth Rio Grande LNG train

US LNG firm NextDecade has secured up to $1.8 billion in equity commitments from TotalEnergies and Global Infrastructure Partners to finance the construction of the fourth train at its Rio Grande LNG facility in Texas.

Hudong-Zhonghua to build another LNG bunkering vessel for TotalEnergies

China’s Hudong-Zhonghua said it had secured another order to build one 18,600-cbm LNG bunkering vessel for French energy giant TotalEnergies and Spain's shipping firm Ibaizabal.

TotalEnergies working on Mozambique LNG restart, CEO says

France's TotalEnergies and its partners in the giant Mozambique LNG project are still working with the Mozambique government on restarting construction on the 12.8 mtpa project, according to Patrick Pouyanne, CEO of TotalEnergies.

TotalEnergies reports higher LNG sales, lower earnings

French energy giant TotalEnergies reported higher LNG sales in the second quarter of this year, while its integrated LNG business logged lower adjusted net operating income due to lower prices.