Reliance, BP Plan Three LNG Terminals, Financial Chronicle Says
Stock Chart for BP PLC (BP/)
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 email@example.com
To contact the editor responsible for this story: Alexander Kwiatkowski at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.