LNG

Petronet LNG, the largest Indian cargo importer, reported a surge in revenues and a decline in net profits as it planned a terminal expansion and the construction of a new facility on the East Coast.

L&T Hydrocarbon Engineering (LTHE) of India, a wholly owned subsidiary of global construction group Larsen & Toubro, has won a contract from the largest Indian LNG importer Petronet to further expand the nation’s biggest regasification facility at Dahej.