Petronet to run 15 mt Dahej terminal by 2016 - exec

Image
Reuters NEW DELHI
Last Updated : Apr 30 2014 | 4:33 PM IST

NEW DELHI (Reuters) - India's biggest gas importer Petronet LNG will run its Dahej terminal at 15 million-tonnes-a-year capacity by November 2016, its Managing Director A.K. Balyan said on Wednesday.

Petronet buys 7.5 million tonnes of LNG a year under a long-term agreement at its 10 million-tonnes-a-year LNG terminal at Dahej in western India.

Petronet also aims to build a 5 million-tonne-a-year LNG terminal at Gangavaram in the east coast by 2016.

(Reporting by Nidhi Verma; Editing by Gopakumar Warrier)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 30 2014 | 4:09 PM IST

Next Story