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

Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - 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 top company official said.This will 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 chief executive officer ...

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