Petronet LNG of India Eyes Stake in Mundra LNG Terminal

Petronet LNG of India Eyes Stake in Mundra LNG Terminal

Petronet LNG of India is interested in buying a 25 percent stake in the Mundra LNG terminal, Reuters reported, citing Petronet’s A K Balyan as saying.

Gujarat State Petroleum Corp expects operations at the Mundra terminal to start in the financial year ending March 31, 2016,

GSPC LNG, a unit of GSPC,  is developing a 5 mtpa LNG terminal at Mundra in Gujarat, India. The LNG terminal is designed to have two LNG storage tanks with 160,000 m³ capacity each.

[mappress]

LNG World News Staff, May 1, 2013; Image: IMDC

 

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