👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

BRIEF-Petronet scouting for new LNG terminal in eastern India

Published 09/11/2017, 05:12 pm
Updated 09/11/2017, 05:20 pm
BRIEF-Petronet scouting for new LNG terminal in eastern India
PLNG
-

Nov 9 (Reuters) - India's Petronet LNG PLNG.NS

* Executive says Kochi terminal operated at 16 percent capacity in September quarter

* Executive says Fertiliser And Chemicals Travancore Ltd may halt LNG purchase from Kochi terminal on cheaper ammonia price

* Executive says hopes to operate Kochi terminal at about 35 percent capacity by end-2018

* Executive says in current scenario long-term LNG prices cheaper than spot

* Executive says hopes to get Australian LNG under reworked deal from January

* Executive says under new deal Australian LNG will be cheaper by $1 per mmbtu compared to the previous one

* Executive says global LNG suppliers are willing to ease destination-clause restrictions under term deals

* Executive says sees minimal scope for importing spot LNG cargoes

* Executive says looking at buying stake in IOC's Ennore LNG terminal

* Executive says scouting for location in eastern India to build a new LNG terminal

* Executive says seeking at least 25 percent stake in IOC's Ennore LNG terminal Further company coverage: PLNG.NS

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.