India's Petronet LNG is looking to buy liquefied natural gas (LNG) from Australia and Qatar for a new terminal, its head said on Wednesday, adding it would cost $70 million to double target capacity of the site.
Petronet, which already operates a 10-million-tonne-a-year LNG regasification plant at Dahej in the western state of Gujarat, aims to start the Kochi terminal by October 2012, Chief Executive A.K. Balyan told reporters.
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Source: Reuters
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