Petronet to finalise Gazprom LNG deal soon: govt

08 Dec 2011

Petronet LNG will soon finalise an agreement for sourcing liquefied natural gas from Russia under a pact with energy giant Gazprom. In June, Gazprom had signed a preliminary deal with Petronet for the supply of 2.5 million tonnes of LNG annually. India is the world's eighth-largest importer of LNG and the widening gap between demand and supply could mean imports rise as much as five-fold in the next decade.

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255.25 3.90 (1.55%) Mar 02, 13:47
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