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Reliance, BP Plan Three LNG Terminals, Financial Chronicle Says

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Nov. 21 (Bloomberg) -- India Gas Solutions Pvt., a venture of Reliance Industries Ltd. and BP Plc, 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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