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Stock impact report

Total Joins Forces With Indian Private Adani Group to Expand in Natural Gas And Fuel Retail Activities in India

TOTAL SA (TOT) 
Last total sa earnings: 2/7 04:01 pm Check Earnings Report
US:NYSE Investor Relations: total.com/en/investors
Company Research Source: Business Wire
PARIS--(BUSINESS WIRE)-- Regulatory News: Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and Adani Group have signed an agreement to jointly develop multi energy offers to the Indian energy market. This cooperation includes Liquefied Natural Gas (LNG) and Fuel Retail. The Adani Group is an Indian private conglomerate active in 50 countries and specialized in commodities trading, port infrastructures and logistics, as well as energy production and distribution. This strategic partnership between Total and Adani Group will therefore allow to create: A major footprint in LNG business Total, the world’s second largest LNG private player, and Adani, the largest infrastructure conglomerate in India, will serve the fast growing gas demand of the Indian market. The companies will jointly develop various regasification LNG terminals, including Dhamra LNG, on the East coast of Ind Show less Read more
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