Indian consortium in race for take in Russia LNG project
Business Standard reported that a consortium of Indian companies ONGC Videsh, Indian Oil Corporation and Petronet LNG is in the fray to acquire a 9% stake in Russia's Novatek LNG project in the Yamal Peninsula for US$1.8 to US$2 billion. As part of the deal, the companies plan to buy five million tonnes of liquefied natural gas annually from the project.
2013-12-05 Ringier

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