Written By As a journalist, I am excited to report on the latest news in the energy industry. Adani and Total have recently made a significant bet on India’s LNG recovery, which could have major implications for the country’s energy future.
According to reports, Adani and Total have formed a 50:50 joint venture to develop a liquefied natural gas (LNG) import and regasification terminal in the Indian state of Odisha. The terminal is expected to have a capacity of 5 million tonnes per annum and will be located at the port of Dhamra.
This move comes as India is looking to increase its use of natural gas as a cleaner alternative to coal. The country has set a target of increasing the share of natural gas in its energy mix from 6% to 15% by 2030. The new terminal is expected to play a key role in achieving this goal.
The joint venture between Adani and Total is also significant because it represents a major investment in India’s energy sector. The project is expected to cost around $1 billion, and it is just one of several major energy projects that Adani is currently working on in the country.
However, there are also concerns about the environmental impact of the project. LNG is a fossil fuel, and its extraction and transportation can have significant environmental consequences. Critics argue that India should be focusing on renewable energy sources instead of investing in LNG infrastructure.
As a journalist, it is important to report on all sides of the issue and to provide accurate and balanced coverage. I will continue to follow this story and provide updates as more information becomes available.
