Reliance, BP Plan Three LNG Terminals, Financial Chronicle Says

India Gas Solutions Pvt., a venture of Reliance Industries Ltd. (RIL) and BP Plc (BP/), may set up three liquefied natural gas terminals in India, the Financial Chronicle said, citing an unidentified company official.

Each terminal may have a capacity of 5 million metric tons a year, the newspaper said. Possible locations for the fuel import facilities include Dhamra, Mangalore, Kakinada and Paradip.

The company has yet to firm up plans for the LNG facilities, a Reliance spokesman told Bloomberg News.

To contact the reporter on this story: Dinakar Sethuraman in New Delhi at dinakar@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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