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Foreign firms eye O&G projects

Foreign firms eye O&G projects

British Gas and British Petroleum are interested to set up oil refineries and LNG terminals in India. Recently, government has allowed 100 per cent FDI in oil refineries through the automatic route and this removes the

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Foreign firms eye refinery, LNG projects in India

Foreign firms eye refinery, LNG projects in India

According to media reports, British Gas and British Petroleum are interested to set up oil refineries and LNG terminals in India. It may be noted that recently, government allowed 100 per cent FDI in oil refineries thro­ugh the automatic rou­te and this removes the need for a foreign company to tie-up w