No. 36



IOC To Market 1.5Mn T/Y Of Gas From Dabhol LNG Terminal

IOC said on 6 August that it had signed an MOU with Enron Energy Marketing Ltd to acquire a 26.5% stake in a $1bn pipeline project being undertaken by Enrons Indian affiliate MetGas to deliver LNG imported at Dabhol to homes and industry in Maharashtra. IOC will directly market around 1.5mn t/y of gas to consumers, including power companies and fertilizer plants. Enron is setting up a 5mn t/y LNG...