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Oil India to set up 2.5 mnt LNG terminal

Oil India to set up 2.5 mnt LNG terminal

Oil India (OIL) plans to make a footprint in the imported gas segment and as part of this it considers to set up a 2.5-million tonne (mn t) capacity LNG regassification terminal. The company has reportedly appointed Foster Wheeler AG as consultant to prepare a project report for the foray into imported gas.

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Oil India to set up 2.5 mnt LNG terminal

Oil India to set up 2.5 mnt LNG terminal

Oil India (OIL) plans to make a footprint in the imported gas segment and as part of this it considers to set up a 2.5-million tonne (mn t) capacity LNG regassification terminal. The company has reportedly appointed Foster Wheeler AG as consultant to prepare a project report for the foray into imported gas.