Petronet LNG has revealed major terminal capacity expansion plans after strong second-quarter results.
The Indian importer, which enjoyed a healthy 130% jump in year-on-year net profits for the period to 2.57 billion rupees ($57.8 million), is edging closer to a decision on building its first east coast greenfield facility.
Its board has given the go-ahead for a detailed feasibility report following “encouraging” preliminary studies.
Petronet
