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Adani, Total join hands to set up retail network, LNG terminal

Updated : October 18, 2018 08:37 AM IST

Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in developing a 5 million tonnes a year import facility at Dhamra in Odisha.
The two will also set up a joint venture to roll out a fuel retail network of 1,500 outlets, mostly on highways, in the next 10 years, Adani and Total said in a joint statement.
Adani holds a 25 percent stake in just-completed 5 million tonnes a year liquefied natural gas (LNG) import terminal at Mundra in Gujarat. It is also building a similar capacity LNG import terminal at Dhamra in Odisha at a cost of Rs 5,100 crore by 2021.
Adani, Total join hands to set up retail network, LNG terminal
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