SUBSCRIBE
PROFILE

TotalEnergies signs a 10-year contract to supply LNG to GSPC

TotalEnergies has entered into an agreement with Gujarat State Petroleum Corporation Limited (GSPC) to deliver 400,000 tons of liquefied natural gas (LNG) per year starting in 2026. This ten-year contract strengthens the French group's presence in the Indian energy market.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

French group TotalEnergies has announced the signing of an LNG supply contract with Indian company Gujarat State Petroleum Corporation Limited (GSPC). This agreement, spanning ten years, provides for the delivery of 400,000 tons of LNG per year from 2026.

A strategic contract for TotalEnergies

TotalEnergies, which focuses on long- and medium-term commitments to secure its revenues, incorporates this new agreement into its strategy to limit exposure to hydrocarbon price fluctuations. According to the company, the LNG destined for GSPC will come from its global portfolio and will be used to supply industries, households, businesses, and service stations distributing compressed natural gas (CNG) in India.

Gregory Joffroy, Director of LNG at TotalEnergies, emphasized that this agreement highlights the group’s key role in LNG distribution on a global scale. By diversifying its supply contracts, the company strengthens its leadership in a rapidly evolving market, particularly in Asia, where energy demand continues to rise.

Addressing India’s growing market needs

For GSPC, this contract represents an opportunity to stabilize its long-term LNG supply. Milind Torawane, Managing Director of GSPC, explained that this agreement helps address supply and demand tensions for natural gas in the state of Gujarat and more broadly in India. Facing increasing energy consumption, the company seeks to secure competitive supply sources to sustain its growth.

LNG remains a key resource for India, whose energy policy aims to increase the share of gas in its energy mix. This contract is part of a dynamic diversification of import sources to meet the country’s energy challenges.

  • Popular on energynews.pro
Asian Development Bank commits $700mn to support Kyrgyz Republic’s energy strategy
Iberdrola sells 757 MW of French onshore assets to Technique Solaire
Tanmiah launches geothermal poultry site and signs three strategic energy agreements
Major US companies increase their presence at COP30 despite Washington
Contrarian strategies outperform hedge fund tracking on Brent market
Brazil reforms the LPG market and reignites battle between Petrobras and the Big 4
Brasilia is preparing a regulatory overhaul of the LPG sector to break down entry barriers in a market dominated by Petrobras and four major distributors, as the Gás do Povo social programme intensifies pressure on prices.
ExxonMobil restarts Rovuma LNG in Mozambique targeting investment decision by 2026
The lifting of force majeure on the Rovuma LNG project puts Mozambique back on the global liquefied natural gas map, with a targeted capacity of 18 Mt/year and a narrowing strategic window to secure financing.
BW Energy discovers liquid hydrocarbons at Kudu and revises development plan
BW Energy has identified liquid hydrocarbons at the Kudu gas field in Namibia, altering the nature of the project initially designed for electricity production from dry gas.
U.S. associated gas output rises 6% on Permian crude surge
Rising oil production in 2024 boosted associated natural gas to 18.5 billion cubic feet per day, driven by increased activity in the Permian region.
Algeria signs gas deal with TotalEnergies to secure exports to Europe
Sonatrach has concluded a new partnership with TotalEnergies, including a liquefied natural gas supply contract through 2025, amid a strategic shift in energy flows towards Europe.
McDermott extends contract for Golden Pass LNG Trains 2 and 3
McDermott has signed a contract amendment with Golden Pass LNG Terminal to complete Trains 2 and 3 of the liquefied natural gas export terminal in Texas, continuing its role as lead partner on the project.
Exxon Mobil takes 40% stake in Bahia pipeline project
Exxon Mobil will acquire a 40% stake in the Bahia pipeline and co-finance its expansion to transport up to 1 million barrels per day of natural gas liquids from the Permian Basin.
Germany boosts public investment in five LNG terminals by 2026
The German state is multiplying LNG infrastructure projects in the North Sea and the Baltic Sea to secure supplies, with five floating terminals under public supervision under development.
Aramco commits over $30 billion to new strategic deals in the United States
Aramco has signed 17 new memoranda of understanding with U.S. companies, covering LNG, advanced materials and financial services, with a potential value exceeding $30 billion.
Bratislava considers suing the European Union over Russian gas halt
The Slovak government is reviewing a potential lawsuit against the European Commission following its decision to end Russian gas deliveries by 2028, citing serious economic harm to the country.
EU eases gas storage rules for 2025-2027 with greater flexibility
The European Union is extending its gas storage regime, keeping a legal 90% target but widening national leeway on timing and filling volumes to reduce the price pressure from mandatory obligations.
Mozambique launches audit on $4.5bn cost overrun of TotalEnergies project
The Mozambican government has initiated a review of the expenses incurred during the five-year suspension of TotalEnergies' gas project, halted due to an armed insurgency in the country’s north.
Rig count drops in the United States despite record production
The number of active drilling rigs in the continental United States continues to decline while oil and natural gas production reaches historic levels, driven by operational efficiency gains.
Shell sells 50% of Tobermory to Ithaca to share UK fiscal risk
Shell sells a 50% stake in Tobermory West of Shetland to Ithaca Energy, while retaining operatorship, reinforcing a partnership already tested on Tornado, amid high fiscal pressure and regulatory uncertainty in the North Sea.
Novatek sells liquefied gas with 40% discount to China despite sanctions
Russian company Novatek applied major discounts on its liquefied natural gas cargoes to attract Chinese buyers, reviving sales from the Arctic LNG 2 project under Western sanctions.
Ukraine receives 100 mn m³ of US gas via Lithuania
A first vessel chartered by a Ukrainian trader delivered American liquefied gas to Lithuania, marking the opening of a new maritime supply route ahead of the winter season.
Mozambique LNG, criminal complaint and economic recovery under judicial pressure
A German NGO has filed in France a complaint against TotalEnergies for alleged war crimes complicity around Mozambique LNG, just as the country seeks to restart this key gas project without any judicial decision yet on the substance.
Hut 8 sells 310 MW gas-fired portfolio to TransAlta after asset optimisation
Hut 8 transfers four natural gas power plants to TransAlta following a turnaround plan and five-year capacity contracts secured in Ontario.
Tokyo Gas sells TVL LLC to Grayrock Energy for $255mn and reallocates its US gas portfolio
By selling its US subsidiary TVL LLC, active in the Haynesville and Cotton Valley formations in Louisiana, to Grayrock Energy for $255mn, Tokyo Gas pursues a targeted rotation of its upstream assets while strengthening, through TG Natural Resources, its exposure to major US gas hubs supporting its LNG value chain.
TotalEnergies signs €5.1bn deal with EPH for 14 GW of flexible capacity
TotalEnergies acquires 50% of a flexible power generation portfolio from EPH, reinforcing its gas-to-power strategy in Europe through a €10.6bn joint venture.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.