Petronet LNG Eyes Supplier

Petronet LNG Ltd. is in talks to buy Liquefied Natural Gas (LNG) from Chevron's Gorgon project in Australia. The Indian firm wants to import 2.5 million tonnes a year of LNG from Gorgon from 2010 using a new terminal being built at the southern city of Kochi. Petronet built India's first LNG terminal at Dahej, on the western coast, two years ago to import super-cooled gas from Qatar. If LNG supplies from Gorgon were delayed, Petronet would divert gas from its terminal at Dahej. (Source: The Financial Express)