Profit

HPCL to pick up stake in LNG terminal at Mundra Port: Sources

PUBLISHED ON: June 10, 2008 | Duration: 1 min, 36 sec

   
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HPCL planned of setting up liquefied natural gas (LNG) terminal at Mundra port on its own but now it seems that it wants to get the expertise before it goes solo for any such venture and in process it has decided to partner Gujarat State Petroleum Corporation (GSPC) and Adani Group. NDTV has learnt that the oil major is all set to pick up 25 per cent stake in the LNG import terminal located at the Adani group-managed Mundra port.
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