India’s top gas importer Petronet LNG will not bid for the proposed 7.5 million tonnes per annum (mtpa) liquefied natural gas terminal in Bangladesh and instead wants a government-to-government deal, its managing director Prabhat Singh said on Thursday.
* Singh said he was upbeat about the Jan-March quarter earnings of his firm.
* Petronet LNG hopes spot LNG prices will go down.
* The company is planning to bid for an LNG terminal in Andaman. Read more
Latest posts by Reuters (see all)
- India looking to raise oil imports from Russia: oil minister - September 17, 2019
- OPEC cuts 2020 oil demand forecast, urges effort to avert new glut - September 12, 2019
- Cost of India refinery project with Aramco to rise: oil minister - September 10, 2019