Indian Oil Corporation (IOC) will invest around Rs 14,000 crore during the current fiscal and would soon look for a partner for its Rs 10,000 crore LNG terminal project near Chennai. The underrecovery for the industry during the fourth quarter stood at around Rs 6,900 crore of which IOC’s was almost half. At present, the company has 19,000 retail outlets of which 1600 outlets will be taken up for automation and the rest will be in 12 months.
FlashNews:
THINK Gas Signs Long-Term LNG Supply Agreement with Shell Energy India
Navi Mumbai Airport to Launch on Dec 25 with 23 Daily Flights; IndiGo, Akasa, Air India Lead Rollout
Gati Shakti Vishwavidyalaya and DRDO Sign MoU to Develop Smart Tech Solutions for National Security
NHAI Launches Fortnightly Updates for Projects Under Bidding
India Expands Energy Security with Landmark US LPG Deal
MoS Pemmasani Calls for Global Cybersecurity Unity at WTDC‑25
Minister Puri Highlights $68 Billion Indo‑Japan Energy Partnership in Tokyo
India Maps 224 GW Pumped Storage Potential as Policy Push Gains Momentum, Says Manohar Lal
IndiGo Expands Long‑Haul Network with Direct Delhi-Manchester Dreamliner Service
India’s Century‑Old Infrastructure Cooperative Pioneer, ULCCS, Secures ICA’s Global Heritage Recognition
Air India to Resume Non-Stop Flights to Shanghai from February 2026
India Urges Inclusive EU Space Act to Support Global Space Governance
S&P Global Rebrands Commodity Insights as S&P Global Energy
NITI Aayog Calls for Energy Market Reform Amid Global Transition and Geopolitical Challenges
Godrej Aerospace Delivers Human-Rated Vikas Engine for Gaganyaan Mission
Railway Board Tightens Garbage Disposal Rules for Trains
IndiGo Launches India’s First Direct Flight to Cambodia from Kolkata
RIB Software India Expands Market Presence
India Approves Royalty Reform to Unlock Critical Minerals, Bolster Green Energy, Cut China Reliance
Home » IOC seeks partner for LNG tmnl
IOC seeks partner for LNG tmnl
Oil & Gas
June 1, 2011June 1, 2011
Leave a Reply
You must be logged in to post a comment.