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Indian Oil To Continue Importing Two LNG Cargoes A Month
31 Aug 2016, 03:03 PM IST
New Delhi: Indian Oil Corporation (IOC) will continue importing at least two liquefied natural gas (LNG) cargoes a month after the expansion of the Dahej import terminal on the country's west coast, a top company executive said.
Terminal operator Petronet, which is also India's biggest single LNG importer, expanded the Dahej plant's import capacity by 50 per cent to 15 million tonnes a year.
IOC will use its import capacity in the expanded terminal to continue importing LNG, said D Sen, the company's business development director.
Indian Oil purchased two LNG cargoes last week in a tender process, traders said.
© Thomson Reuters 2016
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