No. 04



India Takes Steps For Transportation Of LNG From Abu Dhabi

The Indian Cabinet has approved a proposal to allow the state-owned Shipping Corporation of India (SCI) to acquire a 20% equity stake in a liquefied natural gas (LNG) shipping venture. The other partners are Japans Mitsui with 60% and Atlantic Commercial Holding, a subsidiary of the USs Enron, with 20%. The holding company, to be called Greenfield Holdings Ltd, will operate an LNG tanker to transport...