Tuesday, 6 November 2012

Petronet LNG expanding capacities for more imports

India’s biggest liquefied natural gas importer, Petronet LNG Ltd. (PLL) plans to buy the fuel from Canada to meet surging demand as output from a block operated by billionaire Mukesh Ambani’s company falls. Petronet is seeking contracts from Australia to Russia to meet India’s energy demand that is estimated to more than double by 2035.
The expansion has acquired urgency after gas production at Ambani-controlled Reliance Industries Ltd.’s biggest field dropped 70% in about two years

Petronet LNG, lng, India's energy demand, biggest gas supplier, cheveron, gazprom

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