Monday, 22 January 2018 06:24 GMT

Oman eyes stake in Petronet's India unit

(MENAFN) Oman is eyeing a 10-15 percent stake in the planned Petronet LNG's plant in India, Times of Oman reported

The Omani minister of oil and gas said: "We have not decided on (the) stake. It will be a small (stake) - maybe 10-15 percent.

Petronet aims to add 5 million tons a year to its LNG production with the proposed LNG terminal due to launch by 2016

The minister added that Oman also aims to secure a supply of 1 billion cubic feet of gas per day from Iran from 2017-18

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