Petronet LNG states its limits

Written by  John McKay
Friday, 09 December 2011
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Dec 9 - Petronet, LNG the Indian importer at the Dahej terminal north of Mumbai and with its Kochi LNG import facility in southern India coming on stream in 2012, said it would be able to handle a maximum of 11 million tonnes per annum of LNG in the near future. Petronet also said its short-term LNG supply agreement with GDF-Suez of France was "a very good deal in this current market." GDF-Suez will deliver about nine LNG cargoes to Petronet in the next year, with prices linked to crude oil.

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