Marine Link
Tuesday, September 27, 2016

Qatar Team to Weigh Petronet Stake Buy

October 19, 2006

According to BS Reporter, a delegation from Qatar is expected to visit India shortly to carry out due diligence for a possible investment in Petronet LNG. Qatar Investment Authority is likely to pick up a stake in Petronet by subscribing to a $100mn foreign currency convertible bond issue which is expected to be floated soon. Qatar had earlier been offered a 10 per cent stake in 2003 when the company offered shares to the public. In 1999, Petronet had signed a 25-year contract with Qatar’s Ras Laffan Liquefied Natural Gas Company (RasGas) for 7.5 million tons per annum (mtpa) of LNG. Source: BS Reporter


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News