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Hindustan Petroleum Corp Ltd To Partner With Shapoorji Pallonji Group For LNG Terminal-Business Standard

Monday, 15 Jul 2013 05:27am EDT 

Business Standard reported that Hindustan Petroleum Corp Ltd and Mumbai-based infrastructure major Shapoorji Pallonji will next week sign a joint venture pact to set up a terminal for import of liquid gas (LNG) on Gujarat coast at a cost of about INR5 billion. The Company and SP Ports Pvt Ltd, a unit of Shapoorji Pallonji Group, plan to set up the liquefied natural gas (LNG) import terminal at Chhara in Gujarat's Junagadh district through a 50:50 joint venture. 

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