MUMBAI : Adani Total Gas Limited, the city gas distribution joint venture between India’s Adani Gas and French energy giant Total, has reached a three-year deal to import liquefied natural gas (LNG) from Total.
The gas will be procured by Adani Total for sale in India to the company’s domestic and industrial customers, Adani Total chief executive Suresh Manglani said on Wednesday.
Manglani was addressing reporters after the company posted a record net profit in the December quarter thanks to cost optimization for both input gas as well as operating expenses.