NGC Energy, Petredec to set up Rs 400-crore LPG terminal
NGC Energy India, a joint venture between Oman-based National Gas Company and Singapore-headquartered Petredec, will jointly set up a liquified petroleum gas import and storage terminal at Krishnapatnam Port. National Gas Company signed a definitive agreement to transfer 40 per cent of its shares to Petredec in September this year.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service