India’s State Firm HPCL Set to Launch LNG Import Terminal

Indian state-owned Hindustan Petroleum Corporation Limited (HPCL) aims to commission its new LNG import terminal, India’s sixth, in December and January, and is holding talks with potential suppliers of LNG for the long term, sources told Reuters on Friday. HPCL, a subsidiary of the Oil and Natural Gas Corporation (ONGC), has built an LNG import terminal at Chhara in Gujarat State on India’s west coast. The terminal is designed for regasification capacity of 5 million metric tons per annum (mmtpa), with an option to expand the capacity...