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Shell India plans floating LNG plantNew Delhi (UPI) Feb 12, 2013 Shell India will invest $1 billion for a floating liquefied natural gas terminal off the coast of India. The company is building the facility on the port of Kakinada, in the state of Andhra Pradesh in a joint venture with Reliance Power Ltd. Shell already has a 3.6 million-ton LNG import facility in Hazira, India. "By end of the quarter, we will be able to import 5 million tons at Hazira," said Yasmine Hilton, who heads Shell India, Press Trust of India reported Tuesday. Shell pla ... read more |
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