India In Talks With Indonesia For Refineries, LNG Plants

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(PTI)

India is discussing setting up refineries and liquified natural gas (LNG) plants in Indonesia, oil minister Dharmendra Pradhan said on Wednesday. In an attempt to increase its presence in its eastern neighbourhood, India is selling diesel to Bangladesh via rail. “Recently, we have dispatched the first consignment of diesel to Myanmar,” he said at India-ASEAN Partnership@25conference in New Delhi.

“We are currently in consultation with Indonesia for partnering in the refining and LNG sector.” He, however, did not give details. Stating that India’s presence in the Association of Southeast Asian Nations (ASEAN) region has been historic, he said one of the country’s oldest overseas oil and gas fields was acquired in 1988 in Vietnam.

“We also have oil and gas assets and equity in gas pipeline in Myanmar. Today, we have a growing engagement with ASEAN region in the hydrocarbon sector,” he said. ASEAN region, he said, is also a source of crude oil and LNG to meet India’s hydrocarbon requirement.

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