On roping in a strategic partner, Ashok said many companies from across the world had shown interest. He said that IOC was looking at partners who could add value to the project, such as sourcing of gas or shipping.
IOC has tied up to source 1.9 million tonnes of natural gas, including 1.2 million tonnes from British Columbia province, Canada and 0.7 million tonnes from the Cameron project in the US. It may be noted that IOC has taken up a 10 per cent stake with an investment of $4 billion in the Canada project and its share is 1.2 million tonnes from this plant.
According to Ashok, the company doesn’t see any problem to source for the balance requirement.