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

Venture Global’s Plaquemines LNG seals new gas supply deal

Venture Global LNG’s Plaquemines LNG has signed a new natural gas sale and purchase deal with gas marketer Tenaska Marketing Ventures, according to a DOE filing.

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.

Atlantic LNG shipping rates remain steady, European prices down

Atlantic spot LNG shipping remained steady this week, whilst European prices dropped compared to last week.

More News Like This

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.

TotalEnergies, CMA CGM to launch LNG bunkering JV

French energy giant TotalEnergies and compatriot shipping firm CMA CGM have signed a deal to develop a 50/50 logistics joint venture dedicated to the implementation and operation of an LNG bunkering supply solution at the Dutch port of Rotterdam.

TotalEnergies: average LNG price down in Q2

French energy giant TotalEnergies, one of the world’s largest LNG players, reported a year-on-year drop in its average price for equity liquefied natural gas sales in the second quarter of this year.