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Report on Petronet LNG deal expect in some weeks

Report on Petronet LNG deal expect in some weeks

According to media reports, a two-member team
appointed by the Petroleum Minister Veerappa Moily, to probe the alleged irregularities in the gas supply deal between Petronet LNG (PLL) and Qatar-based Ras Laffan, would submit its report in some weeks. The team was appointed by the Moily in January as the earlier inquiry ordered by former minister Jaipal Redd

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Board of Petronet clears Rs 50 bn terminal project

Board of Petronet clears Rs 50 bn terminal project

Petronet LNG, which proposes to set up a five million tonne per annum LNG terminal at Gangavaram, Andhra Pradesh at a cost of about Rs 5,000 crore, received final approval from its board for the investment. The firm, which expects to complete the project by end-2016, has finished several pre-project activities and it is working towards short-listing of potential cont

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Petronet LNG expands Dahej terminal in 2 phases

Petronet LNG expands Dahej terminal in 2 phases

Media reports suggest that Petronet LNG is expanding its Dahej LNG terminal in two phases. In the first phase, it is building second LNG jetty which will get completed by the end of December 2013 or early 2014. This would improve its facility by increasing unloading capacity and also give more flexibility. The company expe

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PLL agrees to allot capacity to GSPL

PLL agrees to allot capacity to GSPL

Recently, Petronet LNG (PLL) signed an agreement with the Gujarat State Petronet to allot 1 Million Tonne Per Annum (MTPA) of capacity in its natural gas re-gasification terminal at Dahej. PLL agreed to allot the capacity to the firm for a period of 20 years starting from 2016

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ADB’s stake in Petronet eyed by IGL

ADB’s stake in Petronet eyed by IGL

Asian Development Bank (ADB), which is in the process of offloading its 5.2 per cent shareholding in Petronet LNG is set to get a buyer as Indraprastha Gas is interested in picking up the stake. Although Petronet's promoter companies IOC, ONGC, GAIL and BPCL were originally interested in buyi

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Petronet LNG looks out for LNG customers

Petronet LNG looks out for LNG customers

Petronet LNG is looking out for customers for the liquefied natural gas (LNG) that it would be importing from the newly set up LNG terminal at Puthuvype in Kerala. So far, the company managed to get only one customer - the BPCL Kochi Refinery- for the LNG. The refine

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Petronet works on Rs 45 bn terminal project

Petronet works on Rs 45 bn terminal project

Petronet LNG is working on a Rs 4,500 crore land-based LNG terminal project with facilities for receiving, storage and regasification of LNG at Gangavaram in Visakhapatnam district in collaboration with the Gangavaram port. However, the initiative faces some headwinds as the l

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India's longest rail bridge

India's longest rail bridge

Mumbai-based AFCONS Infrastructure, which has been engaged in construction of road con­nectivity in Kochi since 2001, has achieved the distinction of building India's longest rail bridge con­necting the island Vallarpadam with Idappalli in north Kochi.