Petronet may acquire up to 10% stake in OPaL

Liquefied gas importer, Petronet
LNG Ltd (PLL), is keen to acquire up to 10 per cent stake in
ONGC Petro-additions Ltd (OPaL), which is setting up a cracker
complex in Gujarat, a senior ONGC official said.

Petronet LNG likely to launch FPO or rights issue in 2011-12

The country`s largest Liquefied Natural Gas importer, Petronet LNG Ltd, may come out with a USD 100 million follow-up public offer or a rights issue in 2011-12 to part fund a 1,200-MW power plant, to be set up at Dahej in Gujarat.

Oz okays USD 21 billion Petronet deal

Australia Wednesday approved a massive energy project that will supply natural gas worth tens of billions of dollars to China and India, giving new impetus to its resources boom.

NTPC to buy gas from GAIL at USD 8 per mmBtu

State-run power utility NTPC Ltd
has signed an agreement to buy gas from GAIL India for 10
years at a delivered price of close to USD 8 per million
British thermal unit.

Petronet to set up power plant in Kerala

Petronet LNG will be setting up 1068
MW capacity power plant at nearby Puthuvypu at an estimated
cost of Rs 3,250 crore, a top official said.