TotalEnergies supports India in leading its energy revolution
TOTALENERGIES INDIA DHAMRA LNG
[Intro-teaser]
A country of superlatives. India.
1.4 billion inhabitants. Demographic and economic growth among the highest in the world.
And consequently, a huge need for energy.
But India wants to reduce the use of coal, which is highly emissive of C02. And to accelerate its energy transition by switching to natural gas, the least emissive fossil fuel, and renewables.
In partnership with Adani, India's largest private infrastructure player, TotalEnergies is supporting the country in this energy revolution.
LNG IN INDIA: SUPPORTING THE ENERGY TRANSITION
[José Ignacio Sanz, TotalEnergies Country Chair]
“ We’re on the east coast of India at the port of Dhamra, at the construction site of the Dhamra LNG terminal. India is a big country with big energy needs. And these energy needs are going to increase in the coming years. Gas will double its weight in the primary energy matrix in this decade, going from 6.5% today to 15% by the end of decade. This significant increase of natural gas will require the import of LNG.”
[Voice over]
It's an impressive site. 26 hectares. 4,000 people.
Two storage tanks with a capacity of 180,000 m3 each.
A 1.5 km LNG jetty, one of the longest in the world.
Once it is operational, the terminal will be able to receive and unload an LNG cargo every four days. Dhamra will be able to regasify 5 million tons of LNG a year.
[José Ignacio Sanz, TotalEnergies Country Chair]
“ We want to target all markets in India. We want to target the large industrial market but we want to target as well smaller markets. The markets of city gas distribution going from smaller industrial and commercial to the residential end-users. So today, through our alliance with the Adani Group, we have more than half a million customers in India and our aim is to get to more than 4 million customers in the coming years.”
[Voice over]
TotalEnergies and Adani signed their first partnership in 2018.
Finding the right associate is crucial to entering this vast country.
With its detailed knowledge of the local market, Adani has proven to be an excellent partner.
[Satinder Pal Singh, CEO ATPL – Dhamra LNG]
“India has made many commitments at the recent COP 26 in Glasgow. It has essentially committed to become a net-zero emitter of carbon by 2070, which basically means it has to reduce the carbon intensity of its economy to about 40% by 2030. I think that is where a partnership between parties like TotalEnergies and Adani has a big role to play as a harbinger of what lies ahead.”
[Voice over]
Because gas is only half as emissive as coal in power generation and because it is the ideal partner for renewable energies, it has a role to play in the energy transition.
So, as one of the world's top three suppliers of low-carbon LNG, TotalEnergies has found its place in the Indian energy market revolution.