GAIL to import 5mt LNG                              

Public sector gas utility GAIL (India) Ltd is planning to import 5 million tonnes of natural gas for the Ratnagiri liquefied natural gas terminal. The company is currently in discussions with Algeria and Nigeria on the issue. Ratnagiri LNG terminal is expected to be commissioned by mid- 2007. In Algeria, the company is negotiating with Sonatrach, while in Nigeria, it is talking to a government firm, a senior GAIL executive said.  

Source: Hindustan Times, New Delhi
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