Total of France and ArcelorMittal Nippon Steel (AMNS) have signed an agreement for the supply of up to 500,000 tonnes of liquefied natural gas (LNG) per year until 2026.  The LNG will be sourced from Total’s global portfolio, and offloaded either at the Dahej or the Hazira LNG Terminal on the western coast of India. AMNS will use the LNG to run its steel and power plants located in Hazira, Gujarat state. 

“We are pleased to partner with AMNS and to supply the growing industrial LNG demand in India, a country that aims to more than double the share of natural gas in its energy mix by 2030 compared to today,” says Thomas Maurisse, senior vice president for LNG at Total. “The supply of LNG will contribute to the reduction of AMNS’s carbon emissions, in line with Total’s ambition to offer its customers energy products that emit less CO2 and to support them in their own low-carbon strategies.”

The agreement strengthens Total’s relationship with AMNS, and contributes to the decarbonization of India’s steel industry, which still relies heavily on coal. 

Total is the world's second largest privately owned LNG player, targeting global sales of 50 million metric tonnes per year by 2025 and a global market share of around 10%. Thanks to its interests in liquefaction plants in Angola, Australia, Egypt, the United Arab Emirates, the United States, Nigeria, Norway, Oman, Russia and Qatar, the company markets LNG on all world markets. Total also benefits from strong and diversified positions throughout the LNG value chain, including gas production, LNG transportation, and LNG trading.