Qatar To Acquire Stakes In Petronet

Peronet LNG

India has offered Qatar a 5.2 per cent stake that Asian Development Bank (ADB) held in Petronet LNG Ltd, the nation's largest liquefied natural gas importer. Petronet, which is registered as a private company even though public sector oil firms hold 50 per cent stake and the Oil Secretary is its chairman, has approached Qatar Petroleum International (QPI) … [Read more...]