Petronet LNG: No Formal Response from Oman Govt on Gangavaram Terminal

Petronet LNG, India’s largest LNG importer, has not received formal response from the government of Oman regarding the Gangavaram LNG terminal, the company said in a filling to the stock exchange.

Earlier this month, several media reported that Oman’s oil minister Mohammed bin Hamad Al Rumhy said that the country is looking to buy a stake in Petronet LNG’s planned import terminal at Gangavaram in Andhra Pradesh.

We had a visit of a delegation led by the Minister of oil & gas, Sultanate of Oman during the Foundation Day celebrations of our company on April 02, 2014. PLL presented to the delegation the status of its various current and proposed projects with the visiting delegation, which also included a reference to the proposed LNG terminal at Gangavaram in the State of Andhra Pradesh being developed by Petronet as an SPV,” Petronet said in a statement.

It seems that during discussions with certain news reporters, the Oman Minister may have spoken about Oman”s interest in taking equity in Gangavaram LNG terminal. However, we are yet to receive any formal response from the Oman Government,” the conmpany added.

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

LNG World News Staff, April 21, 2014; Image: Petronet

 

Share this article

Follow LNG World News

Events>

<< Feb 2018 >>
MTWTFSS
29 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 1 2 3 4

LNG Pricing, Trading & Risk Management: 3-Day Course

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools…

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >

CWC 2nd Papua New Guinea Petroleum & Energy Summit

The 2nd CWC Papua New Guinea Petroleum and Energy Summit is held under the patronage of the Prime Minister of Papua New Guinea…

read more >

CWC World LNG & Gas Series: 16th Americas Summit

Now in its 16th edition, the CWC World LNG & Gas Series: Americas Summit is the longest running LNG and gas event in the Americas region…

read more >