India: Petronet to form JV with Japan, Sri Lanka firms for LNG plant

A gas flare burns near a crude oil facility outside Williston, North Dakota, U.S., on Thursday, Feb. 12, 2015. Photographer: Daniel Acker/Bloomberg

India’s biggest gas importer, Petronet LNG, will soon form a joint venture with Japanese and Sri Lankan companies to build a liquefied natural gas (LNG) terminal near Colombo, the Indian company said in a statement on Wednesday.

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