Indian Oil Corp. has taken to Twitter in an unusual move to clarify its involvement in an Adani Group company gas import terminal.
The state-run refiner sent a series of tweets late Wednesday to detail a deal with Adani Ports & Special Economic Zone Ltd. involving a proposed liquefied petroleum gas terminal on the nation’s east coast. Indian Oil said there was no take-or-pay liability or binding agreement in place.
The response followed a tweet from opposition lawmaker Mahua Moitra, who accused Indian Oil of not following a proper tender process for the agreement. Moitra’s tweet linked to a Feb. 13 report from the Economic Times newspaper, which said the refiner would shift “a large chunk” of LPG imports to