{"id":384094,"date":"2020-11-13T11:46:52","date_gmt":"2020-11-13T06:16:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384094"},"modified":"2020-11-13T13:03:22","modified_gmt":"2020-11-13T07:33:22","slug":"indias-petronet-has-no-plans-to-invest-in-lng-developers-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-petronet-has-no-plans-to-invest-in-lng-developers-2\/","title":{"rendered":"India\u2019s Petronet has no plans to invest in LNG developers"},"content":{"rendered":"<p>India\u2019s Petronet LNG Ltd has no plans to invest in liquefied natural gas (LNG) developers as the market is awash with cheaper fuel, its finance chief said, indicating it may shelve plans to invest in Tellurian Inc\u2019s US project. <\/p>\n<p>Petronet, the country\u2019s top gas importer, has time until December-end to consider investing $2.5 billion for 5 million tonnes per annum (mtpa) of LNG in Tellurian\u2019s Driftwood project to end-2020.<\/p>\n<p>\u201cRight now, we get LNG at throwaway prices so there is no need to go for an investment &#8230; you should be more concerned with LNG than investment,\u201d VK Mishra said at an analyst conference on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s Petronet LNG Ltd has no plans to invest in liquefied natural gas (LNG) developers as the market is awash with cheaper fuel, its finance chief said, indicating it may shelve plans to invest in Tellurian Inc\u2019s US project. Petronet, the country\u2019s top gas importer, has time until December-end to consider investing $2.5 billion for 5 million tonnes per annum (mtpa) of LNG in Tellurian\u2019s Driftwood project to end-2020. \u201cRight now, we get LNG at throwaway prices so there is no need to go for an investment &#8230; you should be more concerned with LNG than investment,\u201d VK Mishra said [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-384094","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=384094"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384094\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}