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Petronet LNG plans $3 billion investment in overseas push

Petronet LNG plans $3 billion investment in overseas push

Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Sri Lanka and Bangladesh among other countries. Falling spot LNG prices have boosted consumption of the fuel in India and triggered demand for LNG infrastructure in countries long shut out of the gas trade.

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India to use waterways to Ashuganj port

India to use waterways to Ashuganj port

Bangladesh has agreed to allow India to use its waterways to Ashuganj river port on Meghna, about 37 km from Agartala, for carrying food grains from Kolkata to Tripura. Bangladesh government agreed to a request by the Centre

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Govt to utilise Cochin Port to export wheat

Govt to utilise Cochin Port to export wheat

High demand for Indian wheat abroad is going to benefit the Cochin Port Trust, which is said to be struggling due to the slowdown. The Union government has proposed to enhance export of wheat and for this the Cochin Port is going to be utilised. South Korea, Bangladesh and Ethiopia are the major buyers of Indian wheat, Union Minister of State for Food and Civil Supplies KV Thomas said recently.

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