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Home > News > Petronet looking for strategic partner for LNG project > Petronet looking for strategic partner for LNG project

Petronet looking for strategic partner for LNG project [1]

Petronet LNG, at present, has long-term agreements with foreign companies for supply of LNG for the existing Dahej and Kochi LNG terminals.

Petronet LNG Limited is looking for a strategic foreign partner for implementing its Rs 4,500-crore Gangavaram LNG project in Andhra Pradesh. “We are looking for more supplies to meet the country’s demand. Hence, we are planning to give some equity stake in the upcoming Gangavaram LNG project to a foreign partner who can bring more LNG supplies for Petronet,” A K Balyan, managing director and chief executive officer, told reporters here on Tuesday. The company, at present, has long-term agreements with foreign companies for supply of LNG for the existing Dahej and Kochi LNG terminals.

Publication Date: 
25/10/2012
Business Standard (New Delhi) [2]
Tags:
Kochi [3], Bharuch [4], Liquefied Natural Gas (LNG) [5], Petrochemical Industry [6], Andhra Pradesh [7], Vishakhapatnam (D) [8], Energy [9]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/petronet-looking-strategic-partner-lng-project

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/petronet-looking-strategic-partner-lng-project
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kochi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharuch
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/liquefied-natural-gas-lng
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/andhra-pradesh
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vishakhapatnam-d
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy