Adani, Total sign pact to develop Dhamra LNG project, fuel retail network

The new service stations will offer Indian customers Total's full lineup of fuels, lubricants, as well as a broad range of other products and services

French energy giant Total S A has signed an agreement with Goutam Adani-led Adani Group to join hands for investing in downstream sector in India — including foray into retail segment through 1500 outlets to supply compressed natural gas (CNG) and developing various liquefied natural gas (LNG) projects. 

Both the companies have set a target of developing various regasification terminals including Dhamra LNG, on the East coast of India. “Most essentially it would be a big stride towards India’s vision of achieving a healthier energy mix through promotion of LNG,” the companies said in a joint statement today.

Total and Adani will