LNG

Dec 14 - Indian Oil Corp. said it was in talks with Tata Steel-owned Dhamra Port for setting up a 5 million tonnes per annum LNG terminal in the state of Orissa. This would be in addition to a second import terminal planned by Indian Oil at Ennore in Tamil Nadu. "We are looking at the possibility of setting up an LNG import facility at Dhamra port to meet gas demand in Orissa and West Bengal. Our refineries at Paradip (in Orissa) and Haldia (in West Bengal) alone need 2.5 MTPA of LNG," the company said.