Total's LNG push extends further into India
The French oil and gas supermajor buys into Indian gas supply and initiates an LNG terminal partnership with domestic conglomerate Adani. Total expects to invest around USD 600 million in the Indian market, which big oil sees as particularly attractive.
BY MATHIAS JULIUS FALKENGAARD
Indian conglomerate Adani has signed a deal setting up a joint venture with French oil and gas supermajor Total. The multifaceted agreement's partners aim to create a value chain within India and Bangladesh's gas supply.
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