LNG

Petronet LNG of India and Japanese trading houses Mitsubishi Corp. and Sojitz Corp. are moving ahead with their FLNG import terminal plans for the island nation of Sri Lanka.

June 1 (LNGJ) - Reliance Industries of India said its energy unit has sold a key African subsidiary to French energy company Total for an undisclosed sum. Total has purchased Mauritius-incorporated Gulf Africa Petroleum Corp. with operations in the East African states of Tanzania, Kenya and Uganda.