ADB Seeks to Sell Stake in Petronet LNG

Tuesday, September 07, 2010

According to a September 6 report from The Wall Street Journal, the Asian Development Bank plans to offload its stake in Petronet LNG Ltd., valued at $95.6m, India's Oil Secretary said. Asian Development Bank holds a 5.2% stake in Petronet, India's largest liquefied natural gas importer by volume.

(Source: The Wall Street Journal)


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