Mumbai—India’s state-owned refiner Bharat Petroleum Corp. Ltd. is looking to build its gas business and is considering booking tolling capacity at upcoming LNG terminals on the country’s east and west coast, BPCL Chairman S. Vardarajan said last week. The refiner is also planning to tie up longterm LNG import contracts, he added. BPCL is one of the founding partners and has a 12.5% stake in Petronet LNG—owner and operator of India’s first LNG import terminal at Dahej and the newer Kochi terminal. The company has booked an additional 1 million mt/year of capacity at the Dahej terminal apart from what it is entitled to for its 12.5% stake, Vardarajan said at a press conference after the company’s annual general meeting in Mumbai.
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