Oman Eyes Stake in Gangavaram LNG Terminal

Oman is looking to buy a stake in Petronet LNG’s planned import terminal at Gangavaram in Andhra Pradesh, Oman’s oil minister Mohammed bin Hamad Al Rumhy said.

We have not decided on (the) stake. It will be a small (stake) – maybe 10-15 percent,” he said, adding the two sides had been engaged in negotiations for the past two months, Reuters informs.

The Gangvaram LNG terminal will be Petronet’s third LNG import terminal and it will have a capacity of 5 million tonnes per annum.

The LNG terminal will help meet the growing energy demand of the State of Andhra Pradesh and will also cater to the increasing gas requirements of eastern and central part of India.

LNG World News Staff, April 4, 2014; Image: Petronet

 

Share this article

Follow LNG World News

Events>

<< Aug 2018 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Offshore Energy Exhibition & Conference 2018

Offshore Energy Exhibition & Conference (OEEC) is Europe’s leading offshore energy event.

read more >

Oil and Gas 2018

The conference will cover a wide range of topics and allow participants to discuss about the new technologies developed in Petroleum…

read more >

Gastech Exhibition & Conference 2018

The leading exhibition and conference for the global gas, LNG and energy industries.

read more >

Singapore International Bunkering Conference and Exhibition (SIBCON)

The 20th edition of the Singapore International Bunkering Conference and Exhibition (SIBCON) will be about inspiring change…

read more >