Petronet LNG is eyeing the Sri Lankan market, planning a new terminal on the east coast and aims to double imports of the fuel as it braces for competition from the proposed gas marketing JV of global major BP and Reliance Industries.Petronet's initiatives come at a time when BP has bought stakes in 23 blocks of Reliance and decided to set up a 50:50 joint venture for sourcing and marketing natural gas in India. BP's global presence and access to large gas reserves including LNG, together with Reliance's strong domestic presence is expected to pose a challenge for players such as Petronet. The company intends to double its liquefied natural gas (LNG) business in the next five years from about 8 MTPA by expanding existing infrastructure and adding new capacities. To cater to future demand, the company has decided to set up a 2.5 million tonne LNG terminal in the east cost at an investment of $1.5 billion.The company is investing Rs 936 crore to set up a second jetty for the LNG facility. The jetty project, which will be ready by 2013, will entertain bigger LNG cargoes and also help in anchoring two ships at a time.
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine
Pls invite me all auction in gujarat
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors.....
pls call +910842559230