Cooperative Agreement

TOTALFINA SA
1 September 1999

TOTALFINA signs a major agreement to import Liquefied Natural Gas in India

Total Gas and Power India (TGPI), Tata Electric Companies (TEC) and Gas
Authority of India Ltd (GAIL) finalized a cooperative agreement to import
liquefied natural gas (LNG) to the state of Maharastra in India.

Under the terms of the agreement, GAIL will acquire a 33.33% interest in
Indigas, a joint subsidiary of TGPI and TEC, thereby lowering the stake of the
two current partners to 33.33% each.  Indigas develops a project to build a
terminal for importing LNG into the Bombay region.

The terminal will have an initial capacity of approximately three million metric
tons of LNG a year in Phase 1 and should be operational in 2003.  Import
capacity may be increased to six million metric tons a year in Phase 11.

TEC and GAIL have agreed to purchase all of the three million tons of LNG output
in Phase 1.  TEC will use its share to supply its Trombay power station, while
GAIL will supply industries in and around Bombay.

The agreement is in line with TOTALFINA'S strategic commitment to pursuing
growth in the gas segment.  Totalfina has a long history of involvement in
several liquefaction projects in the Persian Gulf and in Asia, and has been
expanding its presence in downstream gas operations for several years.  The
Group is also looking to strengthen its integration across the entire gas chain
from production, liquefaction, transport and regasification through to
marketing.