India wants to be the new destination for global energy players, said oil minister Dharmendra Pradhan.
Per capita energy consumption in India is only about one-third of the world's average.
A growing demand in India amid a global slowdown and government policies have made investments and returns attractive.
Total is the third foreign oil major to enter India’s gas sector after BP Plc and Shell.
Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil Minister.
The company has not given a specific timeline for the resumption of full output.
A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven up oil prices.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.53 per cent, while Japan’s Nikkei rose 0.54 per cent.
The fall in income comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing.
The company is preparing its Jamnagar complex to be future ready as fuel demand undergoes change.