Total SA eyes stake in Indian LNG terminals, city gas distribution: CEO

There were reports that the French major was keen on picking up stakes in Adani Group's two LNG projects and attached city gas distribution projects

Weeks after it exited the Hazira LNG terminal in India, French oil and gas giant Total SA said on Tuesday that the company is in talks with multiple companies to pick up stake in liquefied natural gas(LNG) import terminals in India. 

The company is also keen on investing in city gas distribution and fuel retail segments said the company's Chairman and Chief Executive Officer Patrick Pouyanne addressing the India Energy Forum by CERAWeek in New Delhi.

In the month of August, Total had signed a binding Letter of Intent (LoI) with Shell for the sale of its 26 per cent