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Oil & Gas / Asia

Indian Oil eyes LNG investments with Petronas

Damon Evans By Damon Evans
30/08/2021, 2:57 am
Photo of Damon Evans
© Shutterstock / asifakbarIndia's flag flutters in the wind.
India's flag flutters in the wind.

Indian Oil Corporation said Friday that it is expanding its joint venture with Malaysian state-backed energy company Petronas to include building liquefied natural gas (LNG) terminals, as well fuel retailing and gas distribution in India.

Liquefied petroleum gas (LPG) is already imported by Indian Oil under an equal joint venture with Petronas called IndianOil Petronas.

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