Re Agreement

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 AGRNKAKQCBDKDDK
UK 100

Latest directors dealings