"It will not be a dedicated trading office as such but the office will also support our marketing and trading activities for crude, LPG (liquefied petroleum gas) and other products towards the Indian market," he said.
Equinor's Senior Vice President for trading and marketing, Tor Martin Anfinnsen, said in Singapore last year that the company was opening an office in Tokyo and its first office in India by early 2019 as it expands its presence in Asia.
In November, Equinor struck a deal to build and operate an LPG terminal at Port Klang, Malaysia. The terminal could start operating in mid-2021, enabling Equinor to sell LPG to south and southeast Asian countries.
(Reporting by Florence Tan; Editing by Subhranshu Sahu)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)