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Indian Oil aims 13.5 mn tonnes of LNG import capacity in 5 years

The company is also looking at signing a long-term LNG supply deal

Reuters  |  New Delhi 

Indian Oil aims 13.5 mn tonnes of LNG imprt capacity in 5 years

State-owned Indian Corp Ltd aims to have 13.5 million tonnes of liquefied natural gas (LNG) in five years, head of business development G K Satish said on Friday, as India moves toward a gas-based under Prime Minister

The company is also looking at signing a long-term supply deal, he said.

Indian currently has a sourcing agreement for long-term supplies of 0.7 million tonnes from the Cameron Project in the United States. Supply from the project will begin by end of 2018, Satish said.

First Published: Fri, October 27 2017. 20:57 IST
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