{"id":432787,"date":"2021-08-28T11:05:19","date_gmt":"2021-08-28T05:35:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=432787"},"modified":"2021-08-28T12:52:07","modified_gmt":"2021-08-28T07:22:07","slug":"indian-oil-expands-jv-with-malaysias-petronas-to-focus-on-lng-plants-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-expands-jv-with-malaysias-petronas-to-focus-on-lng-plants-2\/","title":{"rendered":"Indian Oil expands JV with Malaysia&#8217;s Petronas to focus on LNG plants"},"content":{"rendered":"<p>NEW DELHI: Indian Oil Corp (IOC) is expanding its joint venture with Malaysia&#8217;s state-run Petronas to include building liquefied natural gas (LNG) terminals, fuel retailing and gas distribution, chairman S M Vaidya said on Friday. <\/p>\n<p>IOC, the country&#8217;s top fuel retailer, imports some liquefied petroleum gas (LPG) through IndianOil Petronas Pvt Ltd, its equal joint venture with the Malaysian firm. <\/p>\n<p>The state-run firm is keen to tie up with global firms, as it attempts to strengthen its grip in new cleaner energy areas such as hydrogen. <\/p>\n<p>&#8220;We are pursuing more such win-win associations with respective segment leaders to explore newer avenues of growth and gain competitive advantage in the future,&#8221; Vaidya said at the annual shareholders meet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Indian Oil Corp (IOC) is expanding its joint venture with Malaysia&#8217;s state-run Petronas to include building liquefied natural gas (LNG) terminals, fuel retailing and gas distribution, chairman S M Vaidya said on Friday. IOC, the country&#8217;s top fuel retailer, imports some liquefied petroleum gas (LPG) through IndianOil Petronas Pvt Ltd, its equal joint venture with the Malaysian firm. The state-run firm is keen to tie up with global firms, as it attempts to strengthen its grip in new cleaner energy areas such as hydrogen. &#8220;We are pursuing more such win-win associations with respective segment leaders to explore newer [&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":[130,219,137],"tags":[],"class_list":["post-432787","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/432787","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=432787"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/432787\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=432787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=432787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=432787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}