IndianOil, KOGAS Sign LNG Partnership Deal

IndianOil, KOGAS Sign MoU for LNG Partnership Deal

IndianOil and Korea Gas Corporation(KOGAS) signed an MoU for joint participation in Exploration and Production of Gas and Oil at the global level and developing Natural Gas infrastructure projects and LNG sourcing.

The MoU was signed by Mr. A.K.Marchanda, Executive Director i/c (Gas), IndianOil and Mr. Hyun Kun Shin, Exec. VP (LNG Terminal Division), KOGAS in the presence of Mr. A.M.K.Sinha, Director (Planning and BD), IndianOil in the sidelines of the PETROTECH-2012, the 10th International Oil & Gas Conference and Exhibition.

Later on, the KOGAS officials met Mr. R.S. Butola, Chairman, IndianOil at a meeting in which Mr. Butola emphasized the need to carry the MoU forward and make progress on areas identified for co-operation in a time bound manner. Mr. V. Damodaran, Executive Director (Ennore LNG project), Mr. Sunil Gupta, General Manager (Gas), IndianOil and Mr. H. S. Lim, Senior Manger (Plant Business Team) from KOGAS were also present during the signing of the MoU.

LNG World News Staff, October 17, 2012