TotalEnergies Secures 10-Year LNG Supply Deal with Gujarat's GSPC
TotalEnergies has signed a 10-year LNG supply deal with Gujarat State Petroleum Corporation Ltd (GSPC) to deliver 400,000 tonnes annually starting 2026. The agreement enhances GSPC's capacity to meet rising gas demands in India, while reinforcing TotalEnergies' leadership in the global LNG market.
- Country:
- India
In a significant move within the global energy sector, TotalEnergies has entered a long-term agreement to supply liquefied natural gas (LNG) to Gujarat State Petroleum Corporation Ltd (GSPC) for a decade, beginning in 2026. The deal, which was finalized during the India Energy Week, commits TotalEnergies to deliver 400,000 tonnes of LNG annually to GSPC.
Sourced from TotalEnergies' extensive global LNG portfolio, the gas will cater to GSPC's industrial clientele and fulfill domestic demands. This partnership marks TotalEnergies' second major LNG agreement with an Indian firm within a year, bolstering its position as a key player in India's energy transition.
GSPC's Managing Director Milind Torawane highlighted the strategic alignment with TotalEnergies, recognizing it as a substantial step towards addressing the natural gas demand-supply gap in Gujarat and across India. As a cleaner energy source, natural gas is poised to play an essential role in improving environmental standards by reducing emissions.
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