• Indian Oil Corp to continue importing two LNG cargoes a month

    Indian Oil Corp (IOC) will continue importing at least two liquefied natural gas (LNG) cargoes a month after the expansion of the Dahej import terminal on India’s west coast, a top company executive said. Terminal operator Petronet, which is also India’s biggest single LNG importer, expanded the Dahej plant’s import capacity by 50 percent to 15 million tons a year. IOC will use its import capacity in the expanded terminal to continue importing LNG, said D. Sen, the company’s business development director. IOC purchased two LNG cargoes last week in a tender process, traders said.
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