India is also very eager to buy LNG...
Petronet seeks more LNG to sate hunger
Message 25853960
PERTH, Aug 11 (Reuters) - Petronet LNG (PLNG.BO: Quote, Profile, Research), India's biggest gas importer, has a huge appetite for gas and is still looking to buy a further 9 million tonnes of liquefied natural gas a year by 2012, amid a planned expansion of its LNG import terminals, a top company official said on Tuesday.
To secure supplies, Petronet is in talks to buy the entire output of Canadian Interoil's (IOC.N: Quote, Profile, Research) proposed LNG project in Papua New Guinea, while it is also looking to buy more LNG supplies from the ExxonMobil-led (XOM.N: Quote, Profile, Research) LNG project also in Papua New Guinea, besides Chevron's Gorgon LNG project in Australia. |
