LNG

Hindustan Petroleum Corp. Ltd (HPCL), an Indian state-controlled company, has acquired an additional 50 percent stake in an LNG project firm building an import terminal at the port of Chhara in the West Coast state of Gujarat, giving it full ownership with the purpose of advancing towards completion.

The latest completed LNG import in the West Coast of India, the Mundra LNG terminal in the state of Gujarat, is expected to receive its first cargo in the weeks ahead after being mechanically completed about a year ago and now issuing a tender.