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Petronet LNG to partner with ONGC Videsh to pick stake in Qatar project

Reuters  |  NEW DELHI 

(Reuters) - India's Ltd wants to with (OVL), the overseas arm of India's biggest explorer and Corp Ltd, to pick up a stake in an upcoming exploration and liquefied (LNG) project in Qatar, a top said.

This will be Petronet's maiden venture into the exploration and production business and overseas LNG terminals.

"We will be signing a non-confidentiality agreement with in the next one week or so and then evaluate the project," Prabhat Singh, of Petronet told on Wednesday.

(Reporting by Promit Mukherjee; Editing by Christian Schmollinger)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 09:30 IST