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Petronet LNG may partner with OVL for its maiden overseas project in Qatar

The project would be Petronet's maiden venture into the natural gas exploration and production business and overseas LNG terminals

Reuters  |  NEW DELHI 

India's Petronet LNG Ltd wants to partner with ONGC Videsh Ltd (OVL), the overseas arm of India's biggest explorer Oil and Natural Gas Corp Ltd, to pick up a stake in an upcoming exploration and liquefied natural gas (LNG) project in Qatar, a company official said. The project would be Petronet's maiden venture into the natural gas exploration and production business and overseas LNG terminals. "We will be signing a non-confidentiality agreement with QatarGas in the next one week or so, and then evaluate the project," Prabhat Singh, managing director and ...

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First Published: Wed, April 11 2018. 10:33 IST
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