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TTA Trinity Industries

33.80
-0.600001 (-1.74%)
23 Dec 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Trinity Industries TG:TTA Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.600001 -1.74% 33.80 33.60 33.80 34.60 33.60 34.60 151 22:50:18

Re Agreement

06/11/2003 11:03am

UK Regulatory


RNS Number:7501R
Total S.A.
6 November 2003



       India: Agreement Signed to Build a Liquefied Petroleum Gas Import 
                              and Storage Terminal


Paris, November 6, 2003 - Total announces that it has signed an agreement with 
Hindustan Petroleum Company Ltd., India's third largest refiner, concerning the 
construction of a liquefied petroleum gas (LPG) import and underground storage 
terminal in Visakhapatnam, in the eastern Indian state of Andhra Pradesh.

The two partners each own a 50% interest in South Asia LPG Ltd., the company 
that will build and run the terminal.

With a storage capacity of 60,000 metric tons, the terminal will be the largest 
such facility on India's east coast and the first of its type in a country where 
demand for LPG is experiencing strong growth. Construction will begin in 
December 2003, with commercial start-up scheduled for third-quarter 2006.

The agreement strengthens the Group's strategy of expanding in high-potential 
Asia markets, particularly in the area of specialty products. Total is already 
present in India in LPG marketing, lubricants and specialty chemicals.
    

                                ***********

Total is the fourth largest oil and gas company in the world with operations in 
more than 120 countries. Total's activities cover the whole energy chain of the 
petroleum industry: exploration, oil and gas production, refining and marketing, 
trading and power generation. The Group is also a major player in chemicals 
through its chemicals branch, Atofina. Total has 121,000 employees worldwide. 

More information can be found on the company's website: www.total.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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