GSPC to set up LNG import terminal in Guj

Gujarat State Petroleum Corporation plans to set up a Liquefied Natural Gas (LNG) import terminal in Gujarat by 2010-11, company Managing Director D J Pandian said on Thursday.


NEW DELHI: Gujarat State Petroleum Corporation plans to set up a Liquefied Natural Gas (LNG) import terminal in Gujarat by 2010-11, company Managing Director D J Pandian said on Thursday.

"We are planning for an LNG import and regasification terminal of 5 million tonnes capacity," he said, but declined to give investment figures.

Pandian said, GSPC was talking to several Indian and foreign companies for a partnership in the LNG terminal.

"We would retain a minimum of 26 per cent stake and give the rest to other players," he said.
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