Oman eyes Petronet LNG stake in India

摘要

OMAN IS IN talks with India to buy a stake in Petronet LNG's terminal on India's east coast. Omani oil minister Mohammed bin Hamad Al Rumhy said, "We have not decided on the stake. It will be a small stake, about 10 per cent to 15 percent." Al Rumhy added that the two sides have been engaged in talks for the past few months. Petronet LNG, India's largest liquefied natural gas (LNG) importer, is currently building an LNG terminal with an annual capacity of 14mn cubic metres (cu m| in Gangavaram, which is expected to be ready by 2016.